| Accession Number: | 0001209191-15-062607 |
| Date: | 2015-07-23 |
| Issuer: | ZIX CORP (ZIXI) |
| Original Submission Date: |
SPURR RICHARD
2711 NORTH HASKELL AVENUE
SUITE 2200
DALLAS, TX 75204
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2015-07-23 | M | 18,200 | a | $2.49 | 368,747 | direct | ||
| COMMON STOCK | 2015-07-23 | S | 18,200 | d | $5.17 | 350,547 | direct | ||
| COMMON STOCK | 2015-07-24 | M | 5,479 | a | $2.49 | 356,026 | direct | ||
| COMMON STOCK | 2015-07-24 | S | 5,479 | d | $5.16 | 350,547 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK OPTIONS | 2.49 | 2015-07-23 | deemed execution date | M | 18,200 (d) | 2022-07-25 | common stock 18,200 | $2.49 | 231,800 | direct | ||
| COMMON STOCK OPTIONS | 2.49 | 2015-07-24 | deemed execution date | M | 5,479 (d) | 2022-07-25 | common stock 5,479 | $2.49 | 226,321 | direct |
| ID | footnote |
|---|---|
| f1 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $5.15 to $5.21, 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 | the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $5.15 to $5.17, 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. |
| f3 | grant of 250,000 options on july 26, 2012 vest quarterly and pro-rata over four years. |
