VirnetX Holding Corp — Director's Dealing 2008

Jan 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2007-12-31

Reporting Person: Angelo Michael F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-31	Stock Option Grant	$5.88	A	30000	Acquired	2017-12-30	Common Stock (30000)	Direct

Footnotes

F1: 1/36th of the total shares underlying this Option (the "Total Number of Shares") shall vest on August 5, 2007 and 1/36th of the Total Number of Shares shall vest on the 5th day of each month thereafter so long as the reporting person's Continuous Service Status (as defined in the Issuer's 2007 Stock Plan) with the Issuer continues. If a Change of Control (as defined in the Issuer's 2007 Stock Plan) of the Issuer occurs, all of the Shares underlying this Option then unvested as of the date of the Change of Control, will vest and become exercisable immediately prior to the consummation of the Change of Control transaction.