SPURR RICHARD 4
4 · ZIX CORP · Filed May 14, 2020
Insider Transaction Report
Form 4
ZIX CORPZIXI
SPURR RICHARD
DirectorChairman/CEO
Transactions
- Sale
Common Stock
2020-05-12$6.08/sh−22,294$135,548→ 27,218 total - Exercise/Conversion
Common Stock Option
2020-05-12−22,294→ 0 totalExercise: $3.45Exp: 2023-02-20→ Common Stock (22,294 underlying) - Exercise/Conversion
Common Stock
2020-05-12$3.45/sh+22,294$76,914→ 49,512 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.00 to $6.32, 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 100,000 options on February 21, 2013 vested pro-rata and quarterly over four years. These options expire February 20, 2023.