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VirnetX Holding Corp — Director's Dealing 2017
Sep 18, 2017
34492_dirs_2017-09-18_255ade0e-928a-4a61-b208-698d35138f9c.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: 2017-09-14
Reporting Person: Short Robert D III (Director, Chief Technology Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-14 | Stock Option (Right to Buy) | $4.15 | A | 1100000 | Acquired | 2027-09-14 | Common Stock (1100000) | Direct |
Footnotes
F1: 1/48 of the total number of shares subject to the option shall vest and become exercisable each month after the vesting commencement date on the same day as the vesting commencement date, so long as the individual's continuous status as a Service Provider (as defined in the Plan) has not terminated prior to each such date. If a Change in Control (as defined in the Plan) occurs, all of the shares underlying this option then unvested as of the date of the Change in Control, will vest and become exercisable immediately prior to the consummation of the Change in Control transaction.