Edgar Filing: SPURR RICHARD

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

SPURR RICHARD

2. Issuer Name and Ticker or Trading Symbol
ZIX CORP [ZIXI]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman/CEO

(Last)

(First)

(Middle)

2711 NORTH HASKELL AVENUE, SUITE 2200

3. Date of Earliest Transaction (Month/Day/Year)
11/16/2010

(Street)

DALLAS, TX 75204

4. If Amendment, Date Original Filed(Month/Day/Year)
11/03/2010

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/03/2010		M		58,333	A	$ 1.11	138,880	D
Common Stock	11/03/2010		S		100	D	$ 4.07	138,780	D
Common Stock	11/03/2010		S		1,900	D	$ 4.065	136,880	D
Common Stock	11/03/2010		S		6,600	D	$ 4.06	130,280	D
Common Stock	11/03/2010		S		8,400	D	$ 4.05	121,880	D
Common Stock	11/03/2010		S		500	D	$ 4.045	121,380	D
Common Stock	11/03/2010		S		3,300	D	$ 4.04	118,080	D
Common Stock	11/03/2010		S		14,232	D	$ 4.03	103,848	D
Common Stock	11/03/2010		S		2,200	D	$ 4.035	101,648	D
Common Stock	11/03/2010		S		1,100	D	$ 4.025	100,548	D
Common Stock	11/03/2010		S		200	D	$ 4.0175	100,348	D
Common Stock	11/03/2010		S		19,801	D	$ 4.02	80,547	D
Common Stock	11/03/2010		M		126,667	A	$ 1.5	207,214	D
Common Stock	11/03/2010		S		531	D	$ 4.02	206,683	D
Common Stock	11/03/2010		S		1,300	D	$ 4.015	205,383	D
Common Stock	11/03/2010		S		12,448	D	$ 4.01	192,935	D
Common Stock	11/03/2010		S		111,488	D	$ 4	81,447	D
Common Stock	11/03/2010		S		900	D	$ 4.005	80,547	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Common Stock Option

$ 1.11

11/03/2010

58,333

⁽¹⁾

12/22/2018

Common Stock

58,333

$ 0

Common Stock Option

$ 1.5

11/03/2010

126,667

⁽²⁾

12/17/2016

Common Stock

126,667

$ 0

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SPURR RICHARD 2711 NORTH HASKELL AVENUE SUITE 2200 DALLAS, TX 75204	X		Chairman/CEO

Signatures

/s/ James F. Brashear, Attorney-in-Fact		11/16/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These options became fully vested on September 23, 2010.
(2)	These options became fully vested on December 18, 2009.
Remarks: This amendment is being filed to clarify that prior to the reported transactions Mr. Spurr owned, and continues to own, 80,547 shares of the company's common stock. In connection with a personal mortgage refinancing, Mr. Spurr exercised 185,000 stock options, or less than 1/14th of his total Zix Corporation stock options, and sold the acquired shares of common stock. He has no plans at this time to exercise additional stock options or sell additional shares of the company's common stock.

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