SEC Form 4 · accession 0001209191-17-028932
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Hausmann
Director
Period of report
Apr 27, 2017
Accepted (ET)
May 1, 2017 · 4:21 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 | Apr 27, 2017 | M | 2,500 | $1.67 | A | 53,210 | D | |
| Common Stock | Apr 28, 2017 | M | 11,000 | $4.24 | A | 64,210 | D | |
| Common Stock | Apr 28, 2017 | S | 11,000 | $5.42 | D | 53,210 | D | |
| Common Stock | Apr 28, 2017 | M | 40,000 | $4.40 | A | 93,210 | D | |
| Common StockF1 | Apr 28, 2017 | S | 40,000 | $5.44 | D | 53,210 | 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 OptionF2 | $1.67 | Apr 27, 2017 | M | 2,500 | D | — | Jun 6, 2017 | Common Stock | 2,500 | 0 | D |
| Common Stock OptionF3 | $4.24 | Apr 28, 2017 | M | 11,000 | D | — | Feb 11, 2018 | Common Stock | 11,000 | 0 | D |
| Common Stock OptionF4 | $4.40 | Apr 28, 2017 | M | 40,000 | D | — | Jan 1, 2018 | Common Stock | 40,000 | 0 | 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 $5.42 to $5.46, 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.
- F2Grant of 2,500 options on June 7,2007 vested quarterly and pro-rata over three years. These options expire June 6, 2017.
- F3Grant of $11,000 options on February 12, 2008 vested quarterly and pro-rata over three years. These options expire February 11, 2018.
- F4Grant of 40,000 options on January 2, 2008 vest quarterly and pro-rata over three years. These options expire January 1, 2018.