ZEPHYR HOLDCO, LLC exercised options at ZIX CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/23/2021ACC: 0000899243-21-049570
-100.21K
Net shares
Net seller
$177.23M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
20.85M acquired · 20.95M disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+20.85M
Price / share
—
Trade value
—
% of position
New position
12/22/2021
0.00→20.85M
Common Stock
Direct
Shares
−20.85M
Price / share
$8.50
Trade value
$177.23M
% of position
New position
12/23/2021
20.85M→0.00
Total
Net shares
+0.00
Net value
-$177.23M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/22/2021 | M · Option Exercise | +20.85M | — | — | New position | 0.00 | 20.85M |
| Common Stock Direct | 12/23/2021 | U · U | −20.85M | $8.50 | $177.23M | New position | 20.85M | 0.00 |
| Total | +0.00 | -$177.23M | ||||||
Derivative Transactions1
Series A Convertible Preferred Stock
Direct
Converts to
Common Stock
20.85M shares
Shares
−100.21K
Strike price
6.02
Held after
0.00
Exercisable
—
12/22/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred Stock Direct | Common Stock20.85M shares | 12/22/2021 | M · Option Exercise | −100.21K | 6.02 | — | 0.00 |