SPURR RICHARD 4
4 · ZIX CORP · Filed Feb 26, 2020
Insider Transaction Report
Form 4
ZIX CORPZIXI
SPURR RICHARD
DirectorChairman/CEO
Transactions
- Exercise/Conversion
Common Stock
2020-02-24$2.49/sh+46,875$116,719→ 93,666 total - Sale
Common Stock
2020-02-24$9.05/sh−46,875$424,195→ 46,791 total - Exercise/Conversion
Common Stock Option
2020-02-24−46,875→ 37,500 totalExercise: $2.49Exp: 2022-07-25→ Common Stock (46,875 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.94 to $9.21, 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]Grant of 250,000 options on July 26, 2012 vested pro-rata and quarterly over four years. These options expire July 25, 2022.