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VirnetX Holding Corp Director's Dealing 2014

Sep 19, 2014

34492_dirs_2014-09-19_dc916d68-c678-49e4-93d8-122cdf0b5290.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: 2014-09-18

Reporting Person: Larsen Kendall (Director, President & CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-09-18 Common Stock S 1750000 $4.46 Disposed 6181526 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 288262 Indirect
Common Stock 12657 Indirect
Common Stock 1200 Indirect
Common Stock 613530 Indirect
Common Stock 300000 Indirect
Common Stock 50000 Indirect

Footnotes

F1: Shares were pledged under a secured personal line of credit were sold by the Reporting Person pursuant to maintenance requirements under such credit line. Following the sale, the credit line was terminated and no shares held by the Reporting Person remain subject to pledge.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.30 to $5.19, inclusive.

F3: The reporting person disclaims any beneficial ownership of the Shares.