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VirnetX Holding Corp Director's Dealing 2010

Feb 26, 2010

34492_dirs_2010-02-26_f38a5191-b5ef-48bb-9cae-5d376fc1dda2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2010-02-24

Reporting Person: Munger Edmund C (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-24 Stock Option Grant (Right to Buy) $5.48 A 31500 Acquired 2020-02-23 Common Stock (31500) Direct

Footnotes

F1: 1/48th of the total shares shall vest on March 24, 2010 and on the 24th day of each month thereafter so long as the reporting person's Continuous Service Status (as defined in the Issuer's 2007 Stock Plan) continues. If a Change of Control (as defined in the Issuer's 2007 Stock Plan) 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.