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VirnetX Holding Corp Director's Dealing 2010

Jun 8, 2010

34492_dirs_2010-06-08_e1349870-6d46-4aba-a556-5e2c0649a004.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2010-05-17

Reporting Person: Munger Edmund C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-17 Common Stock X 11667 $3.00 Acquired 103267 Direct
2010-05-17 Common Stock X 11667 $4.00 Acquired 114934 Direct
2010-05-17 Common Stock M 994653 $0.2409 Acquired 1109587 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-17 Common Stock Warrant $3.00 X 11667 Disposed 2010-07-30 Common Stock (11667) Direct
2010-05-17 Common Stock Warrant $4.00 X 11667 Disposed 2010-07-30 Common Stock (11667) Direct
2010-05-17 Stock option grant (right to buy) $0.2409 M 994653 Disposed 2016-03-22 Common Stock (994653) Direct
2010-03-03 Common Stock Warrant $2.00 G 11667 Disposed Common Stock (11667) Direct

Footnotes

F1: This amendment is filed to correct a typographical error re the dates of the transactions reported on the original Form 4 filed on May 19, 2010. The correct date for each transaction was May 17, 2010, but was erroneously reflected in the original Form 4 as "March 17, 2010".

F2: 12/48th of the total shares vested and became exercisable on July 1, 2007 and 1/48th of the total shares vest and become exercisable on the same day of each month thereafter.

F3: This gift transaction is being voluntarily reported at this time.

F4: On February 24, 2010, the Issuer exercised its rights to call those certain warrants to purchase shares of Company Common Stock with an exercise price of $2.00 per share (the "$2 Warrants") issued pursuant to the Company's underwritten public offering that closed on January 30, 2009. The $2 Warrants expired in their entirety on March 11, 2010 if not exercised.