WIDEPOINT CORP — Director's Dealing 2009

Jan 2, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2008-12-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-30	Common Stock	P	50000	$0.19	Acquired	71000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Purchase	$2.80	2016-08-15	Common Stock (12000)	12000	Direct
Option to Purchase	$2.80	2016-08-15	Common Stock (50000)	50000	Direct
Option to Purchase	$0.81	2018-07-25	Common Stock (250000)	250000	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 becomes exercisable to the extent of 50% of the shares underlying the option on the above date, with the remaining shares exercisable as of March 31, 2007.

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.