VirnetX Holding Corp — Director's Dealing 2014

Jul 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2013-04-15

Reporting Person: Nance Richard H (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-04-15	Common Stock	F	264	$18.59	Disposed	2403	Direct

Footnotes

F1: Mr. Nance holds restricted stock units ("RSUs") that he was granted as an employee of the Issuer. As the RSUs vest, taxes become due and payable, and RSU holders who are employees of the Issuer can pay those taxes by having the Issuer withhold shares. On April 13, 2013, RSUs held by Mr. Nance vested, and on April 15, 2013, Mr. Nance elected to satisfy the taxes due on those vested RSUs by forfeiting to the Issuer a total of 264 shares of Common Stock. Under applicable securities laws, the withholding of those shares for tax purposes was required to be reported on a Form 4, and due to a clerical oversight, the report was not filed at that time. This oversight was recently discovered, and this Form 4 is being filed to report the withholding of such shares on April 15, 2013.

F2: Amounts reported in Column 5 are consistent with the reporting person's Form 4 filed on July 10, 2014.