SEC Form 4 · accession 0001209191-15-077875

ZIX CORP · ZIXI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO · Director

Period of report

Oct 29, 2015

Accepted (ET)

Nov 2, 2015 · 5:49 pm EST

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
Common Stock	Oct 29, 2015	M	2,500	$3.45	A	353,047	D
Common Stock^F1	Oct 29, 2015	S	2,500	$5.25	D	350,547	D
Common Stock	Nov 2, 2015	M	45,000	$4.00	A	395,547	D
Common Stock^F2	Nov 2, 2015	S	45,000	$5.15	D	350,547	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Options^F3	$3.45	Oct 29, 2015	M	2,500	D	—	Feb 20, 2023	Common Stock	2,500	58,550	D
Common Stock Options^F4	$4.00	Nov 2, 2015	M	45,000	D	—	Mar 1, 2016	Common Stock	45,000	225,679	D

F1These shares were sold pursuant to a pre-arranged trading plan, adopted July 31, 2015, that is intended to comply with Rule 10b5-1.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.12 to $5.18, 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 100,000 options on February 21, 2013 vest pro-rata and quarterly over four years.
F4Grant of 350,000 options on March 2, 2006 vested quarterly and pro-rata over three years. These options expire March 1, 2016.