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XWELL, Inc. Director's Dealing 2013

May 8, 2013

35356_dirs_2013-05-08_b84e5af1-38b7-49ae-8afc-608fa20da355.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2013-05-07

Reporting Person: Cohen David L. (Chief Legal and IP Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.01 per share 90625 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option $3.72 2022-07-26 Common Stock (200000) Direct
Option $3.44 2022-08-08 Common Stock (476666) Direct
Option $3.18 2013-02-11 Common Stock (200000) Direct

Footnotes

F1: Represents unvested restricted stock units.

F2: These options to purchase shares of common stock of the Issuer are exercisable over a three-year period, with 1/12 of the options granted vesting on a quarterly basis commencing on July 26, 2012.

F3: These options to purchase shares of common stock of the Issuer are exercisable over a three-year period, with 1/12 of the options granted vesting on a quarterly basis commencing on August 8, 2012.

F4: These options to purchase shares of common stock of the Issuer are exercisable over a three-year period, with 1/12 of the options granted vesting an a quarterly basis on the last day of each calendar quarter, with the first tranche of options vesting at the end of the first quarter of 2013.