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VirnetX Holding Corp Director's Dealing 2013

Jun 10, 2013

34492_dirs_2013-06-10_c8de17dc-5d81-46b7-a415-db586a382801.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: 2013-06-06

Reporting Person: Nance Richard H (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-06-06 Common Stock A 2667 Acquired 2667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-06-06 Stock Option (Right to Buy) $23.72 A 4000 Disposed 2023-06-06 Common Stock (4000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive, following vesting, one share of VirnetX Holding Corporation common stock. The restricted stock units vest in four equal annual installments beginning on June 6, 2014.

F2: 1/48th of the total shares shall vest and become exercisable on July 6, 2013 and 1/48th of the total shares shall vest and become exercisable on the same 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.