WIDEPOINT CORP — Director's Dealing 2011

Aug 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2011-07-25

Reporting Person: Kang Jin (President - iSYS, LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-25	Common Stock	J	44574	$1.00	Disposed	2608960	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$0.54	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 the reporting person in connection with the sale of iSYS, LLC to the issuer.

F2: These shares do not include 1,678,933 shares held in escrow which the reporting person may be entitled to receive in the future in connection with an "earnout" provision in that certain Membership Interest Purchase Agreement, dated January 2, 2008, pursuant to which WidePoint Corporation acquired all of the outstanding membership interests of iSYS, LLC and over which the reporting person has no voting or dispositive control.