SEC Form 4 · accession 0001209191-16-134437
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Rockvam
Officer — CFO
Period of report
Jul 28, 2016
Accepted (ET)
Jul 29, 2016 · 4:08 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 StockF1 | Jul 28, 2016 | A | 100,000 | $3.94 | A | 100,000 | 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 OptionsF2 | $3.94 | Jul 28, 2016 | A | 100,000 | A | — | Jul 27, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Granted under the Amended and Restated 2012 Incentive Plan (as amended, the "Plan"). The restricted stock vests pro-rata and annually over four years, and is subject to acceleration under the conditions described in the Plan.
- F2Grant under the Plan. Options vest pro-rata and quarterly over four years, and subject to acceleration vesting upon the occurrence of stated events.