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WIDEPOINT CORP Director's Dealing 2009

May 13, 2009

34608_dirs_2009-05-13_1ea4ad1f-f1c5-4ff2-9d0b-7a068d83dca0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2009-05-11

Reporting Person: Oxley Ronald S (Director, Executive Vice President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-05-11 Option to Purchase $.54 A 50000 Acquired 2016-08-15 Common Stock (50000) Direct
2009-05-11 Option to Purchase $2.80 D 50000 Disposed 2016-08-15 Common Stock (50000) Direct
2009-05-11 Option to Purchase $.83 A 250000 Acquired 2018-07-25 Common Stock (250000) Direct
2009-05-11 Option to Purchase $.81 D 250000 Disposed 2018-07-25 Common Stock (250000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 71000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Purchase $2.80 2016-08-15 Common Stock (12000) 12000 Direct

Footnotes

F1: This option becomes exercisable to the extent of two-thirds of the shares underlying the option on the above date and is
cumulatively exercisable to the extent of one-sixth of the shares underlying the option each year thereafter.

F2: This option is fully exercisable.

F3: This option becomes fully exercisable on the above date; provided that the vesting of such option may be accelerated based on
the achievement of certain performance objectives.

F4: The reporting person agreed to cancellation of an option granted to him on August 16, 2006, in exchange for a new option
having a lower exercise price.

F5: The reporting person agreed to cancellation of an option granted to him on July 25, 2008, in exchange for a new option having
a higher exercise price.