SEC Form 4/A · accession 0001209191-18-048236
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Richard Spurr
Director
Period of report
May 5, 2017
Accepted (ET)
Aug 23, 2018 · 5:15 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 | May 5, 2017 | M | 60,000 | $4.87 | A | 183,048 | D | |
| Common StockF1 | May 5, 2017 | S | 60,000 | $5.51 | D | 123,048 | D | |
| Common Stock | May 8, 2017 | M | 61,582 | $4.87 | A | 184,630 | D | |
| Common StockF2 | May 8, 2017 | S | 61,582 | $5.54 | D | 123,048 | D | |
| Common StockF3 | May 8, 2017 | S | 29,463 | $5.55 | D | 93,585 | 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 OptionF5,F4 | $4.87 | May 5, 2017 | M | 60,000 | D | — | Dec 19, 2017 | Common Stock | 60,000 | 145,957 | D |
| Common Stock OptionF5,F4 | $4.87 | May 8, 2017 | M | 61,582 | D | — | Dec 19, 2017 | Common Stock | 61,582 | 84,375 | 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 $5.50 to $5.54, 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 $5.50 to $5.58, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.53 to $5.57, 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.
- F4Grant of 400,000 options on December 20, 2007 vested quarterly and pro-rata over three years. These options expire December 19, 2017.
- F5This Form 4/A amends the Form 4 filed by the Reporting Person on May 9, 2017. The amount of securities directly beneficially owned by the Reporting Person has been historically reported incorrectly and the resulting amount of derivative securities beneficially owned following each of the transactions set forth in Table II should have been reported as set forth in column 9 of Table II of this Form 4/A.