Current Report Filing (8-k)
January 06 2016 - 4:47PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 5, 2016
ZIX CORPORATION
(Exact
Name of Registrant as Specified in Charter)
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Texas |
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0-17995 |
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75-2216818 |
(State or Other Jurisdiction
of Incorporation) |
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(Commission
File Number) |
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(I.R.S. Employer
Identification No.) |
2711 North Haskell Avenue
Suite 2200, LB 36
Dallas, Texas 75204-2960
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (214) 370-2000
Not Applicable
(Former
name or former address, if changed since last report.)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On January 6, 2016, Zix Corporation issued a press release
announcing that its Board of Directors had authorized on January 5, 2016 a program to repurchase up to $15 million of its shares of common stock from time to time in the open market. A copy of the press release is submitted herewith as Exhibit
99.1.
ITEM 9.01 |
FINANCIAL STATEMENTS AND EXHIBITS. |
(d) Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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Press Release, dated January 6, 2016, titled Zix Corporation Announces Share Repurchase Program. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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ZIX CORPORATION |
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By: |
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/s/ Justin K. Ferguson |
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Justin K. Ferguson |
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General Counsel |
Dated: January 6, 2016
INDEX TO EXHIBITS
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Exhibit No. |
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Description |
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99.1 |
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Press Release, dated January 6, 2016, titled Zix Corporation Announces Share Repurchase Program. |
Exhibit 99.1
Press Release | For Distribution
Zix Corporation Announces Share Repurchase Program
DALLAS Jan. 6, 2016 Zix Corporation (ZixCorp), (Nasdaq: ZIXI), a leader in email data protection, announced that its board of directors
approved a share repurchase program that enables the company to purchase up to $15 million of its shares of common stock from time to time in the open market. The amount and timing of specific repurchases are subject to market conditions, applicable
legal requirements and other factors. The share purchases will be funded from cash from operations and may be suspended or discontinued at any time. The share repurchase program is scheduled to expire on Sept. 30, 2016.
The stability of our business model, our leadership in email security, and the opportunity with partnerships both recent and established
give us confidence in our company and our future growth. The share repurchase program reflects our positive outlook and provides reassurance to our investors, said Rick Spurr, ZixCorps Chief Executive Officer.
About Zix Corporation
ZixCorp is a leader in email data
protection. ZixCorp offers industry-leading email encryption, a unique email DLP solution and an innovative email BYOD solution to meet your companys data protection and compliance needs. ZixCorp is trusted by the nations most
influential institutions in healthcare, finance and government for easy to use secure email solutions. ZixCorp is publicly traded on the Nasdaq Global Market under the symbol ZIXI, and its headquarters are in Dallas, Texas. For more information,
visit www.zixcorp.com.
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ZixCorp Contacts |
Investor Relations Todd Kehrli or Jim Byers
(323) 468-2300 zixi@mkr-group.com |
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Public Relations Taylor Stansbury Johnson
(214) 370-2134 tjohnson@zixcorp.com |
Statements in this release that are not purely historical facts or that necessarily depend upon future events, including
statements regarding ZixCorps plan to repurchase a portion of its common shares in the open market, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Readers are
cautioned not to place undue reliance on forward-looking statements. All forward-looking statements are based upon information available to ZixCorp on the date this release was issued. ZixCorp undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or
results described in the forward-looking
statements, including risks or uncertainties related to ZixCorps overall financial and cash generation performance, potential other uses for ZixCorp s cash, potential limitations on
repurchases, conditions in the market for ZixCorp s stock and other corporate developments. Further information regarding factors that could affect ZixCorps ability to successfully execute its plan to repurchase a portion of its shares
of common stock can be found in the risk factors section of ZixCorps most recent filing on Form 10-K with the Securities and Exchange Commission.
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