ALLPHIN RYAN (Chief Product Officer) exercised options at ZIX CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/28/2021ACC: 0000899243-21-049900
Officer· Chief Product Officer
Since Nov 2020
-297.48K
Net shares
Net seller
$1.27M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
25K acquired · 322.48K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+25K
Price / share
$6.70
Trade value
$167.50K
% of position
20.0%
12/15/2021
125K→150K
Common Stock
Direct
Shares
−150K
Price / share
$8.50
Trade value
$1.27M
% of position
New position
12/23/2021
150K→0.00
Total
Net shares
−125K
Net value
-$1.11M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/15/2021 | M · Option Exercise | +25K | $6.70 | $167.50K | 20.0% | 125K | 150K |
| Common Stock Direct | 12/23/2021 | D · Disposition | −150K | $8.50 | $1.27M | New position | 150K | 0.00 |
| Total | −125K | -$1.11M | ||||||
Derivative Transactions3
Common Stock Options
Direct
Converts to
Common Stock
25K shares
Shares
−25K
Strike price
6.70
Held after
147.46K
Exercisable
—
12/15/2021
Common Stock Options
Direct
Converts to
Common Stock
75K shares
Shares
−75K
Strike price
6.70
Held after
72.46K
Exercisable
—
12/23/2021
Restricted Stock Units
Direct
Converts to
Common Stock
72.46K shares
Shares
−72.47K
Strike price
Held after
0.00
Exercisable
—
12/23/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Common Stock Options Direct | Common Stock25K shares | 12/15/2021 | M · Option Exercise | −25K | 6.70 | — | 147.46K |
| Common Stock Options Direct | Common Stock75K shares | 12/23/2021 | D · Disposition | −75K | 6.70 | — | 72.46K |
| Restricted Stock Units Direct | Common Stock72.46K shares | 12/23/2021 | D · Disposition | −72.47K | — | 0.00 |