RYAN JOHN A 4
4 · ZIX CORP · Filed Oct 2, 2003
Insider Transaction Report
Form 4
ZIX CORPZIXI
RYAN JOHN A
DirectorPresident & CEO
Transactions
- OtherSwap
Series A Convertible Preferred Stock
2003-09-30$3.92/sh−126,136$494,453→ 0 totalExercise: $4.07From: 2002-05-19Exp: 1988-08-08→ Common Stock (129,644 underlying) - OtherSwap
Common Stock
2003-09-30$3.92/sh+129,644$508,204→ 368,791 total
Footnotes (2)
- [F1]On September 30, 2003, in accordance with the terms and provisions of the Statement of Designations of the Series A Convertible Preferred Stock of Zix Corporation, the issuer called for the conversion of all of its shares of its Series A Convertible Preferred Stock, including 126,136 shares held by Mr. Ryan.
- [F2]The SEC's online filing system for Section 16 reports contains a mandatory field for the expiration date of derivative securities. However, pursuant to the terms and provisions of the Series A Statement of Designations, the Series A Convertible Preferred Stock does not have an expiration date. In accordance with instructions of the SEC (FAQ:Section 16 Electronic Reporting; Q.5), an expiration date of August 8, 1988 has been designated as the expiration date for the Series A Convertible Preferred Stock.