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VirnetX Holding Corp — Director's Dealing 2019
Feb 7, 2019
34492_dirs_2019-02-07_a89582df-79ed-43bc-a048-b0b242e50a36.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: 2019-02-05
Reporting Person: Larsen Kendall (Director, President & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-05 | Common Stock | M | 75000 | $1.15 | Acquired | 6404710 | Direct |
| 2019-02-05 | Common Stock | S | 75000 | $4.89 | Disposed | 6329710 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-05 | Stock Option (Right to Buy) | $1.15 | M | 75000 | Disposed | 2019-04-02 | Common Stock (75000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 523119 | Indirect |
| Common Stock | 613530 | Indirect |
| Common Stock | 300000 | Indirect |
Footnotes
F1: The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: Sale prices ranged from $4.72 to $5.14 per share. Sale price listed represents the weighted average sale price of all 75,000 shares sold. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the shares sold at each separate price.
F3: The shares subject to the option are fully vested and exercisable.