SEC Form 4 · accession 0001209191-15-062618
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell J Morgan
Officer — Vice President
Period of report
Jul 26, 2015
Accepted (ET)
Jul 28, 2015 · 9:06 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 26, 2015 | M | 3,250 | $0.00 | A | 5,750 | D | |
| Common Stock | Jul 26, 2015 | F | 1,610 | $4.99 | D | 4,140 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jul 26, 2015 | M | 3,250 | D | — | — | Common Stock | 3,250 | 3,250 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of ZIXI common stock.
- F2Granted under the 2012 Incentive Plan. Share delivery (vesting) is pro-rata over four years from grant date, subject to acceleration under conditions described in that Plan.