SPURR RICHARD 4/A
4/A · ZIX CORP · Filed Aug 23, 2018
Insider Transaction Report
Form 4/AAmended
ZIX CORPZIXI
SPURR RICHARD
DirectorChairman/CEO
Transactions
- Sale
Common Stock
2017-05-08$5.55/sh−29,463$163,520→ 93,585 total - Sale
Common Stock
2017-05-08$5.54/sh−61,582$341,164→ 123,048 total - Exercise/Conversion
Common Stock Option
2017-05-05−60,000→ 145,957 totalExercise: $4.87Exp: 2017-12-19→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2017-05-05$4.87/sh+60,000$292,200→ 183,048 total - Sale
Common Stock
2017-05-05$5.51/sh−60,000$330,600→ 123,048 total - Exercise/Conversion
Common Stock
2017-05-08$4.87/sh+61,582$299,904→ 184,630 total - Exercise/Conversion
Common Stock Option
2017-05-08−61,582→ 84,375 totalExercise: $4.87Exp: 2017-12-19→ Common Stock (61,582 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.50 to $5.54, 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 $5.50 to $5.58, 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 $5.53 to $5.57, 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]Grant of 400,000 options on December 20, 2007 vested quarterly and pro-rata over three years. These options expire December 19, 2017.
- [F5]This Form 4/A amends the Form 4 filed by the Reporting Person on May 9, 2017. The amount of securities directly beneficially owned by the Reporting Person has been historically reported incorrectly and the resulting amount of derivative securities beneficially owned following each of the transactions set forth in Table II should have been reported as set forth in column 9 of Table II of this Form 4/A.