Key facts
- This page summarizes Maryclaire Campbell's Form 4 filing for ZIX CORP.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 28 Dec 2021, 14:13.
Maryclaire Campbell - 23 Dec 2021 Form 4 Insider Report for ZIX CORP
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 23 Dec 2021
- Net transaction value
- -$409,547
- Reporting owner signature
- /s/ Maryclaire Campbell
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Maryclaire Campbell filed Form 4 for ZIX CORP on 28 Dec 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$409,547.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ZIXI
transaction
Common Stock
Disposed to Issuer
- Transaction value
- -$409,547
- Shares
- -48,182
- Change %
- -100%
- Price
- $8.50
- Shares after
- 0
- Date
- 23 Dec 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Maryclaire Campbell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On December 23, 2021, the Issuer was acquired by Open Text Corporation ("Parent") pursuant to the Agreement and Plan of Merger (the "Agreement"), dated as of November 7, 2021, by and among Parent, Issuer and Zeta Merger Sub Inc. (the "Merger"). At the effective time of the Merger (the "Effective Time"), each outstanding share of Issuer common stock (subject to limited exceptions) converted into the right to receive $8.50 in cash, without interest.
Footnote F2
Pursuant to the Agreement and the letter agreement, dated December 18, 2021 between the Issuer and Parent (the "Letter Agreement"), each Company Stock-Based Award (as defined in the Letter Agreement) outstanding as of immediately prior to the Effective Time was cancelled and converted into a right to receive an amount of cash equal to the Company Stock-Based Award Consideration (as defined in the Letter Agreement), payable in accordance with and subject to the terms of the Letter Agreement.
Footnote F3
Includes shares granted under the 2018 Omnibus Incentive Plan (the "Plan") consisting of restricted stock. A portion of such shares would vest based on the Issuer's achievement of specific financial performance criteria and are subject to acceleration under conditions described in the Plan.