4//SEC Filing
ZIX CORP 4
Accession 0001209191-16-100970
CIK 0000855612operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:43 PM ET
Size
17.4 KB
Accession
0001209191-16-100970
Insider Transaction Report
Form 4
ZIX CORPZIXI
English Michael W
Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
2016-02-19+16,210→ 113,073 total - Tax Payment
Common Stock
2016-02-19$3.82/sh−5,293$20,219→ 107,780 total - Award
Common Stock
2016-02-18+40,000→ 96,863 total - Tax Payment
Common Stock
2016-02-21$3.53/sh−3,414$12,051→ 102,733 total - Exercise/Conversion
Restricted Stock Units
2016-02-19−16,210→ 40,000 total→ Common Stock (16,210 underlying) - Tax Payment
Common Stock
2016-02-20$3.53/sh−1,633$5,764→ 106,147 total
Footnotes (4)
- [F1]Grant under the Amended and Restated 2012 Incentive Plan (as amended, the "Plan"). The restricted stock ("RS") grant consists of 50% RS that will vest pro rata annually over 3 years and 50% that will vest up to 1/3 each year the company meets approved performance goals in 2016-2018, subject to acceleration under conditions described in the Plan.
- [F2]Each restricted stock unit ("RSU") converts into a share of common stock on a one-for-one basis.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.53 to $4.28, 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]Granted under the Plan on February 19, 2015. The 60,000 RSU grant consists of 50% RSUs that will vest pro rata over 3 years and 50% that will vest up to 1/3 each year the Company meets approved performance goals in 2015-2017, subject to acceleration under conditions described in the Plan.
Issuer
ZIX CORP
CIK 0000855612
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0000855612
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:43 PM ET
- Size
- 17.4 KB