Filing Details
- Accession Number:
- 0001209191-15-082283
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-25 17:46:34
- Reporting Period:
- 2015-11-24
- Filing Date:
- 2015-11-25
- Accepted Time:
- 2015-11-25 17:46:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 855612 | Zix Corp | ZIXI | Services-Computer Processing & Data Preparation (7374) | 752216818 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1230412 | J Russell Morgan | 2711 N. Haskell Avenue Suite 2300 Dallas TX 75204 | Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2015-11-24 | 21,700 | $3.86 | 25,840 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-11-24 | 21,700 | $5.70 | 4,140 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-11-25 | 812 | $2.49 | 4,952 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-11-25 | 812 | $5.75 | 4,140 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-11-25 | 13,300 | $3.86 | 17,440 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-11-25 | 13,300 | $5.72 | 4,140 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2015-11-25 | 50,000 | $4.87 | 54,140 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2015-11-25 | 50,000 | $5.67 | 4,140 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Options | Disposition | 2015-11-24 | 21,700 | $0.00 | 21,700 | $3.86 |
| Common Stock | Common Stock | Disposition | 2015-11-25 | 812 | $0.00 | 812 | $2.49 |
| Common Stock | Common Stock | Disposition | 2015-11-25 | 13,300 | $0.00 | 13,300 | $3.86 |
| Common Stock | Common Stock | Disposition | 2015-11-25 | 50,000 | $0.00 | 50,000 | $4.87 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 13,300 | 2021-07-27 | No | 4 | M | Direct | |
| 2,438 | 2022-07-25 | No | 4 | M | Direct | |
| 0 | 2021-07-27 | No | 4 | M | Direct | |
| 0 | 2017-12-19 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.68 to $5.72, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.75 to $5.77, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.71 to $5.76, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.64 to $5.71, 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.
- Grant of 35,000 options on July 28, 2011 vested quarterly and pro-rata over three years.
- Grant of 13,000 options on July 26, 2012 vest quarterly and pro-rata over four years.
- Grant of 50,000 options on December 20, 2007 vested quarterly and pro-rata over three years.
Billionaire Hedge Funds
