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WIDEPOINT CORP Director's Dealing 2012

Jan 5, 2012

34608_dirs_2012-01-05_4648a916-3250-484a-9008-45030f0ad8a4.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: 2012-01-03

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-01-03 Option to Buy $0.69 A 100000 Acquired 2018-01-03 Common Stock (100000) Direct

Footnotes

F1: 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.