WIDEPOINT CORP — Director's Dealing 2012

Apr 16, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WIDEPOINT CORP (WYY)
CIK: 0001034760
Period of Report: 2012-04-12

Reporting Person: MANSOURI MICHAEL (CEO-WidePoint Solutions Corp.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-12	Common Stock	P	39372	$0.8939	Acquired	43367	Direct
2012-04-13	Common Stock	P	230	$0.88	Acquired	43597	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option to Buy	$0.69	2018-01-03	Common Stock (100000)	100000	Direct

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.87 to $0.91, inclusive. The reporting person undertakes to provide to WidePoint Corporation, any security holder of WidePoint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.

F2: The options will fully vest after 5 years on January 3, 2017 and include an acceleration feature that allows early vesting of 1/3 of the options upon achievement of certain 2012 financial targets and early vesting of the remaining 2/3 of the options upon achievement of certain 2013 financial targets.