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WIDEPOINT CORP — Director's Dealing 2009
May 5, 2009
34608_dirs_2009-05-05_072c3350-31ae-4de6-900d-3852d521c762.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: 2009-05-04
Reporting Person: Kang Jin (President - iSYS, LLC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-05-04 | Common Stock | J | 18481 | — | Disposed | 1586336 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Option to Buy | $.85 | 2013-01-04 | Common Stock (315000) | 315000 | Direct |
Footnotes
F1: These shares are being transferred by the reporting person in satisfaction of certain pre-existing contractual obligations
between the reporting person and the transferees, which obligations were incurred by reporting person in connection with the
sale of iSYS, LLC to the issuer.
F2: These shares do not include 2,815,183 shares held in escrow, which the reporting person may be entitled to receive in the
future in connection with the earn-out and over which reporting person has no voting or dispositive control.
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