XWELL, Inc. — Director's Dealing 2011

Feb 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2011-01-31

Reporting Person: Perlman Andrew D (Director, President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-31	Stock Options	$0.01	A	70000	Acquired	2017-01-31	Common Stock (70000)	Direct
2011-01-31	Stock Options	$5.50	A	90000	Acquired	2017-01-31	Common Stock (90000)	Direct

Footnotes

F1: The Stock Options were granted on January 31, 2011 and will vest in three equal annual installments beginning on September 30, 2011.