SEC Form 4 · accession 0001209191-17-029632

ZIX CORP · ZIXI

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

Reporting owner

Director

Period of report

May 1, 2017

Accepted (ET)

May 3, 2017 · 4:10 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
Common Stock	May 1, 2017	M	85,000	$4.87	A	208,048	D
Common Stock^F1	May 1, 2017	S	85,000	$5.57	D	123,048	D
Common Stock	May 2, 2017	M	31,010	$4.87	A	154,058	D
Common Stock^F2	May 2, 2017	S	31,010	$5.56	D	123,048	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Option^F3	$4.87	May 1, 2017	M	85,000	D	—	Dec 19, 2017	Common Stock	85,000	206,092	D
Common Stock Option^F3	$4.87	May 2, 2017	M	31,010	D	—	Dec 19, 2017	Common Stock	31,010	175,082	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.47 to $5.63, 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 $5.55 to $5.67, 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 400,000 options on December 20, 2007 vested quarterly and pro-rata over three years. These options expire December 19, 2017.