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: Cohl Ellen (VP Finance and Governance)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-31	Stock Options	$0.01	A	30000	Acquired	2017-01-30	Common Stock (30000)	Direct
2011-01-31	Stock Options	$5.50	A	20000	Acquired	2017-01-30	Common Stock (20000)	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.

F2: The Stock Options were granted on January 31, 2011. One-fourth of the stock options will vest on September 30, 2011 and the remainder will vest in 12 equal quarterly installments beginning on December 31, 2011.