XWELL, Inc. — Director's Dealing 2012

Oct 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2012-10-03

Reporting Person: Berger Alexander R. (Director, COO and Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-03	Common Stock, $0.01 par value per share	X	170455	$1.76	Acquired	2036455	Indirect
2012-10-03	Common Stock, $0.01 par value per share	S	170455	$4.0018	Disposed	1866000	Indirect
2012-10-03	Common Stock, $0.01 par value per share	S	8828	$4.25	Disposed	1857172	Indirect
2012-10-05	Common Stock, $0.01 par value per share	X	30312	$1.76	Acquired	1887484	Indirect
2012-10-05	Common Stock, $0.01 par value per share	S	30312	$4.7128	Disposed	1857172	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-10-03	Series 1 Warrants	$1.76	X	170455	Disposed	2017-07-19	Common Stock (170455)	Indirect
2012-10-05	Series 1 Warrants	$1.76	X	30312	Disposed	2017-07-19	Common Stock (30312)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value per share	675000	Direct

Footnotes

F1: These shares of common stock 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.