XWELL, Inc. — Director's Dealing 2012

Feb 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2012-02-22

Reporting Person: Serlin Philip A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-22	Stock Options	$1.21	A	10000	Acquired	2018-02-22	Common Stock (10000)	Direct

Footnotes

F1: One-fourth of the grant becomes exercisable on February 22, 2013, with the remainder becoming exercisable in equal quarterly installments over the following three years.