ZIX CORP 4

4 · ZIX CORP · Filed Nov 25, 2015

Insider Transaction Report

Form 4

Period: 2015-11-24

ZIX CORPZIXI

MORGAN RUSSELL J

Vice President

Transactions

Sale
Common Stock
2015-11-24$5.70/sh−21,700$123,690→ 4,140 total
Exercise/Conversion
Common Stock
2015-11-25$2.49/sh+812$2,022→ 4,952 total
Exercise/Conversion
Common Stock
2015-11-25$4.87/sh+50,000$243,500→ 54,140 total
Sale
Common Stock
2015-11-25$5.67/sh−50,000$283,500→ 4,140 total
Exercise/Conversion
Common Stock Options
2015-11-24−21,700→ 13,300 total
Exercise: $3.86Exp: 2021-07-27→ Common Stock (21,700 underlying)
Exercise/Conversion
Common Stock
2015-11-25−50,000→ 0 total
Exercise: $4.87Exp: 2017-12-19→ Common Stock (50,000 underlying)
Exercise/Conversion
Common Stock
2015-11-24$3.86/sh+21,700$83,762→ 25,840 total
Sale
Common Stock
2015-11-25$5.75/sh−812$4,669→ 4,140 total
Exercise/Conversion
Common Stock
2015-11-25$3.86/sh+13,300$51,338→ 17,440 total
Sale
Common Stock
2015-11-25$5.72/sh−13,300$76,076→ 4,140 total
Exercise/Conversion
Common Stock
2015-11-25−812→ 2,438 total
Exercise: $2.49Exp: 2022-07-25→ Common Stock (812 underlying)
Exercise/Conversion
Common Stock
2015-11-25−13,300→ 0 total
Exercise: $3.86Exp: 2021-07-27→ Common Stock (13,300 underlying)

Footnotes (7)

[F1]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.
[F2]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.
[F3]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.
[F4]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.
[F5]Grant of 35,000 options on July 28, 2011 vested quarterly and pro-rata over three years.
[F6]Grant of 13,000 options on July 26, 2012 vest quarterly and pro-rata over four years.
[F7]Grant of 50,000 options on December 20, 2007 vested quarterly and pro-rata over three years.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION