SEC Form 4 · accession 0001209191-16-107534
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Spurr
Director
Period of report
Jan 19, 2016
Accepted (ET)
Mar 10, 2016 · 12:55 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 19, 2016 | M | 100,000 | — | A | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 19, 2016 | M | 100,000 | A | — | — | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") coverts into a share of common stock on a one-for-one basis.
- F2Grant under the Amended and Restated 2012 Incentive Plan (the "Plan"). The RSU grant vested in full upon Mr. Spurr's retirement and in accordance with the Plan and his Second Amended and Restated Employment Termination Benefits Agreement, dated July 21, 2015.