VirnetX Holding Corp — Director's Dealing 2012

Apr 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2012-04-05

Reporting Person: Nance Richard H (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-04-05	Stock Option (Right to Buy)	$23.84	A	50000	Acquired	2022-04-05	Common Stock (50000)	Direct

Footnotes

F1: The shares underlying this option shall vest and become exercisable in accordance with the following schedule: 1/4 of the total number of shares shall vest and become exercisable on April 5, 2013 and 1/48 of the total number of shares shall vest and become exercisable 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.