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VirnetX Holding Corp — Director's Dealing 2021
Sep 22, 2021
34492_dirs_2021-09-22_53d12856-9aba-4ebe-951d-58b5c7db1387.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: VirnetX Holding Corp (VHC)
CIK: 0001082324
Period of Report: 2021-09-15
Reporting Person: Allanson Katherine (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-15 | Stock Option (Right to Buy) | $4.12 | A | 120000 | Acquired | 2031-09-15 | Common Stock (120000) | Direct |
Footnotes
F1: The Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 1/4 of the total number of Shares subject to the Option shall vest and become exercisable on the one-year anniversary of the grant date, and 1/48 of the total number of Shares subject to the Option shall vest and become exercisable on each monthly anniversary thereafter, 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.