Filing Details
- Accession Number:
- 0001209191-16-100954
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-02-22 16:39:24
- Reporting Period:
- 2016-02-18
- Filing Date:
- 2016-02-22
- Accepted Time:
- 2016-02-22 16:39:24
- 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 |
|---|---|---|---|---|---|---|---|
| 1229950 | David Wagner | 2711 N. Haskell Avenue Suite 2200 Dallas TX 75204 | President, Ceo | Yes | 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 | 2016-02-18 | 125,000 | $0.00 | 125,000 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2016-02-18 | 60,000 | $3.57 | 310,000 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Options | Acquisiton | 2016-02-18 | 200,000 | $0.00 | 200,000 | $3.61 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 200,000 | 2026-02-17 | No | 4 | A | Direct |
Footnotes
- Grant under the Amended and Restated 2012 Incentive Plan (as amended, the "Plan") consists of 50% restricted stock that will vest pro rata annually over 3 years and 50% restricted stock that will vest pro rata up to 1/3 each year the Company achieves specific performance criteria in 2016-2018, subject to acceleration under conditions described in the Plan.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.48 to $3.65, 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 purchased at each separate price within such range.
- Grant under the Plan. Options vest pro rata and quarterly over 4 years, and subject to accelerated vesting upon the occurrence of stated events.
Billionaire Hedge Funds
