FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
ZIX CORP [ ZIXI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 11/16/2010 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) 11/03/2010 |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/03/2010 | M | 58,333 | A | $1.11 | 138,880 | D | |||
Common Stock | 11/03/2010 | S | 100 | D | $4.07 | 138,780 | D | |||
Common Stock | 11/03/2010 | S | 1,900 | D | $4.065 | 136,880 | D | |||
Common Stock | 11/03/2010 | S | 6,600 | D | $4.06 | 130,280 | D | |||
Common Stock | 11/03/2010 | S | 8,400 | D | $4.05 | 121,880 | D | |||
Common Stock | 11/03/2010 | S | 500 | D | $4.045 | 121,380 | D | |||
Common Stock | 11/03/2010 | S | 3,300 | D | $4.04 | 118,080 | D | |||
Common Stock | 11/03/2010 | S | 14,232 | D | $4.03 | 103,848 | D | |||
Common Stock | 11/03/2010 | S | 2,200 | D | $4.035 | 101,648 | D | |||
Common Stock | 11/03/2010 | S | 1,100 | D | $4.025 | 100,548 | D | |||
Common Stock | 11/03/2010 | S | 200 | D | $4.0175 | 100,348 | D | |||
Common Stock | 11/03/2010 | S | 19,801 | D | $4.02 | 80,547 | D | |||
Common Stock | 11/03/2010 | M | 126,667 | A | $1.5 | 207,214 | D | |||
Common Stock | 11/03/2010 | S | 531 | D | $4.02 | 206,683 | D | |||
Common Stock | 11/03/2010 | S | 1,300 | D | $4.015 | 205,383 | D | |||
Common Stock | 11/03/2010 | S | 12,448 | D | $4.01 | 192,935 | D | |||
Common Stock | 11/03/2010 | S | 111,488 | D | $4 | 81,447 | D | |||
Common Stock | 11/03/2010 | S | 900 | D | $4.005 | 80,547 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock Option | $1.11 | 11/03/2010 | M | 58,333 | (1) | 12/22/2018 | Common Stock | 58,333 | $0 | 0 | D | ||||
Common Stock Option | $1.5 | 11/03/2010 | M | 126,667 | (2) | 12/17/2016 | Common Stock | 126,667 | $0 | 0 | D |
Explanation of Responses: |
1. These options became fully vested on September 23, 2010. |
2. These options became fully vested on December 18, 2009. |
Remarks: |
This amendment is being filed to clarify that prior to the reported transactions Mr. Spurr owned, and continues to own, 80,547 shares of the company's common stock. In connection with a personal mortgage refinancing, Mr. Spurr exercised 185,000 stock options, or less than 1/14th of his total Zix Corporation stock options, and sold the acquired shares of common stock. He has no plans at this time to exercise additional stock options or sell additional shares of the company's common stock. |
/s/ James F. Brashear, Attorney-in-Fact | 11/16/2010 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |