Allphin Ryan 4
4 · ZIX CORP · Filed Nov 13, 2020
Insider Transaction Report
Form 4
ZIX CORPZIXI
Allphin Ryan
Chief Product Officer
Transactions
- Award
Common Stock Options
2020-11-11+100,000→ 100,000 totalExercise: $6.70Exp: 2030-11-10→ Common Stock (100,000 underlying) - Award
Common Stock
2020-11-11+125,000→ 125,000 total
Footnotes (2)
- [F1]This non-shareholder-approved inducement equity award was granted by the Issuer pursuant to Nasdaq Rule 5635(c)(4), and consists of 100,000 shares of restricted stock, which will vest over four years, and 25,000 shares of restricted stock which will vest in accordance with certain financial performance metrics in 2021 and 2022, each of which is subject to accelerated vesting on upon the occurrence of certain events.
- [F2]This non-shareholder-approved inducement equity award was granted by the Issuer pursuant to Nasdaq Rule 5635(c)(4), and consists of 100,000 shares of Zix common stock options, which will vest pro rata over four years, and is subject to accelerated vesting upon the occurrence of certain events.