SEC Form 4 · accession 0001209191-19-018428
ZIX CORP · ZIXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert C Hausmann
Director
Period of report
Mar 7, 2019
Accepted (ET)
Mar 11, 2019 · 4:33 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 |
|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | Mar 7, 2019 | A | 7,832 | $0.00 | A | 76,042 | D | |
| Deferred Stock UnitsF2 | Mar 7, 2019 | A | 13,861 | $0.00 | A | 89,903 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F3 | — | Feb 26, 2018 | D | 13,861 | D | — | — | Common Stock | 13,861 | 0 | D |
Explanation of responses
- F1Grant under the 2018 Omnibus Incentive Plan (the "Plan"). The deferred stock units will vest pro-rata and quarterly over one year, and subject to acceleration under conditions described in the Plan. Delivery of the underlying shares in respect of vesting will occur pursuant to the underlying award agreement.
- F2On the Form 4/A filed on August 23, 2018, the reporting person elected to report on Table II 13,861 Deferred Stock Units ("DSUs") granted under the Amended and Restated 2012 Incentive Plan. Pursuant to guidance from the Securities and Exchange Commission, the reporting person has now elected to report these DSUs on Table I instead of Table II since the DSUs may be settled solely by delivery of an equal number of shares of the issuer's common stock. Therefore, the reporting person has moved the reporting of these 13,861 DSUs from Table II to Table I.
- F3Each deferred stock unit represents a contingent right to receive one share of ZIXI common stock.