XWELL, Inc. — Director's Dealing 2012

Nov 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2012-11-06

Reporting Person: Perlman Andrew D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-06	Common Stock, $0.01 par value per share	S	2000	$4.2348	Disposed	741666	Direct
2012-11-06	Common Stock, $0.01 par value per share	M	4000	$0.96	Acquired	745666	Direct
2012-11-06	Common Stock, $0.01 par value per share	S	3500	$4.2348	Disposed	742166	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-06	Option	$0.96	M	4000	Disposed	2018-01-09	Common Stock (4000)	Direct

Footnotes

F1: Includes 675,000 shares of common stock that are represented by restricted stock units which vest over a four-year period, with 1/8 of the restricted stock units vesting on January 26, 2013 and 1/16 of the restricted stock units vesting ratably on a quarterly basis thereafter.