XWELL, Inc. — Director's Dealing 2012

Oct 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2012-10-23

Reporting Person: Lang Andrew Kennedy (Director, President & CTO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-10-23	Common Stock, $0.01 par value per share	S	3500	$4.1571	Disposed	2970426	Indirect
2012-10-25	Common Stock, $0.01 par value per share	S	2000	$4.085	Disposed	2968426	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value per share	2765400	Direct

Footnotes

F1: Includes 125,000 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.

F2: Mr. Lang is the manager of Innovation Spring LLC ("Innovation Spring") and has the sole power to dispose or direct the disposition of the securities held by Innovation Spring. Innovation Spring Trust is the sole member and 100% owner of Innovation Spring and has the sole power to vote or direct the vote over the securities held by Innovation Spring. Mr. Lang does not have power to vote or direct the vote over the securities held by Innovation Spring.