WIDEPOINT CORP — Director's Dealing 2009

Jul 10, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2009-07-08

Reporting Person: MCCUBBIN JAMES T (Director, CFO, VP, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-07-08	Common Stock	M	1333333	$0.235	Acquired	2190433	Direct
2009-07-08	Common Stock	F	540230	$0.58	Disposed	1650203	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-07-08	Warrant (Right to Buy)	$0.235	M	1333333	Disposed	2009-07-14	Common Stock (1333333)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$1.35	2010-07-03	Common Stock (1000)	1000	Direct
Option to Buy	$0.17	2010-01-02	Common Stock (450000)	450000	Direct

Footnotes

F1: The options reported above are fully exercisable.

F2: Reflects the cashless exercise on 7/8/2009 of the warrant to purchase 1,333,333 shares of common stock with an exercise price
of $0.235 per share. In connection therewith, 540,230 shares were withheld when the stock price was $0.58 per share to
effectuate the cashless exercise of such warrant.