SEC Form 4 · accession 0001209191-15-065615
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Spurr
Officer — CEO · Director
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 4:51 pm 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 | Aug 10, 2015 | M | 30,000 | $2.49 | A | 380,547 | D | |
| Common StockF1 | Aug 10, 2015 | S | 30,000 | $4.92 | D | 350,547 | D | |
| Common Stock | Aug 11, 2015 | M | 6,900 | $2.49 | A | 357,447 | D | |
| Common StockF2 | Aug 11, 2015 | S | 6,900 | $4.90 | D | 350,547 | D | |
| Common Stock | Aug 12, 2015 | M | 9,300 | $2.49 | A | 359,847 | D | |
| Common Stock | Aug 12, 2015 | S | 9,300 | $4.90 | D | 350,547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionsF3 | $2.49 | Aug 10, 2015 | M | 30,000 | D | — | Jul 25, 2022 | Common Stock | 30,000 | 196,321 | D |
| Common Stock OptionsF3 | $2.49 | Aug 11, 2015 | M | 6,900 | D | — | Jul 25, 2022 | Common Stock | 6,900 | 189,421 | D |
| Common Stock OptionsF3 | $2.49 | Aug 12, 2015 | M | 9,300 | D | — | Jul 25, 2022 | Common Stock | 9,300 | 180,121 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.94, inclusive. The reporting person undertakes to provide to Zix Corporation, any security holder of Zix Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.90 to $4.92, inclusive. The reporting person undertakes to provide to Zix Corporation, any security holder of Zix Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F3Grant of 250,000 options on July 26, 2012 vest quarterly and pro-rata over four years.