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Filing Details

Accession Number:
0001209191-15-082283
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-25 17:46:34
Reporting Period:
2015-11-24
Filing Date:
2015-11-25
Accepted Time:
2015-11-25 17:46:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
855612 Zix Corp ZIXI Services-Computer Processing & Data Preparation (7374) 752216818
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230412 J Russell Morgan 2711 N. Haskell Avenue
Suite 2300
Dallas TX 75204
Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-24 21,700 $3.86 25,840 No 4 M Direct
Common Stock Disposition 2015-11-24 21,700 $5.70 4,140 No 4 S Direct
Common Stock Acquisiton 2015-11-25 812 $2.49 4,952 No 4 M Direct
Common Stock Disposition 2015-11-25 812 $5.75 4,140 No 4 S Direct
Common Stock Acquisiton 2015-11-25 13,300 $3.86 17,440 No 4 M Direct
Common Stock Disposition 2015-11-25 13,300 $5.72 4,140 No 4 S Direct
Common Stock Acquisiton 2015-11-25 50,000 $4.87 54,140 No 4 M Direct
Common Stock Disposition 2015-11-25 50,000 $5.67 4,140 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Options Disposition 2015-11-24 21,700 $0.00 21,700 $3.86
Common Stock Common Stock Disposition 2015-11-25 812 $0.00 812 $2.49
Common Stock Common Stock Disposition 2015-11-25 13,300 $0.00 13,300 $3.86
Common Stock Common Stock Disposition 2015-11-25 50,000 $0.00 50,000 $4.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,300 2021-07-27 No 4 M Direct
2,438 2022-07-25 No 4 M Direct
0 2021-07-27 No 4 M Direct
0 2017-12-19 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.68 to $5.72, 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.75 to $5.77, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.71 to $5.76, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.64 to $5.71, 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.
  5. Grant of 35,000 options on July 28, 2011 vested quarterly and pro-rata over three years.
  6. Grant of 13,000 options on July 26, 2012 vest quarterly and pro-rata over four years.
  7. Grant of 50,000 options on December 20, 2007 vested quarterly and pro-rata over three years.