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VirnetX Holding Corp — Director's Dealing 2011
Nov 17, 2011
34492_dirs_2011-11-17_aba8c8ab-d059-4f65-818a-272f542277f6.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: 2011-11-16
Reporting Person: TAYLOR SCOTT C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-15 | Common Stock | M | 10000 | $4.40 | Acquired | 10000 | Direct |
| 2011-11-15 | Common Stock | S | 10000 | $22.5689 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-15 | Stock Option (Right to Buy) | $4.40 | M | 10000 | Disposed | 2018-05-30 | Common Stock (10000) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.74, inclusive. The reporting person undertakes to provide to VirnetX Holding Corporation, any security holder of VirnetX Holding Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2: These options were fully vested and exercisable immediately on the date of grant.