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WIDEPOINT CORP Director's Dealing 2009

May 13, 2009

34608_dirs_2009-05-13_8c3c274a-f44c-42b1-9b74-eefa8d592a6f.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: Taubman Morton S (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-05-11 Option to Purchase $.54 A 50000 Acquired 2016-03-10 Common Stock (50000) Direct
2009-05-11 Option to Purchase $2.70 D 50000 Disposed 2016-03-10 Common Stock (50000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option to Purchase $2.70 2016-03-10 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 of grant
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: The reporting person agreed to cancellation of an option granted to him on March 10, 2006, in exchange for a new option
having a lower exercise price.