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Zix Corporation's CEO just cashed-in 54,550 options

Richard Spurr, Zix Corporation's CEO and a director of the company, recently cashed-in 54,550 options. The options were exercised at $4.00, while the disposals took place between $5.15 and $5.16 per share, on dates ranging from November 03 to November 04, 2015. Spurr continues to hold 350,547 shares of the company. Spurr operates out of Dallas, TX. Some additional info was provided as follows:

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 $5.16, inclusive. The reporting person...