XWELL, Inc. — Director's Dealing 2014

Feb 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2014-02-20

Reporting Person: Keller Ashley Conrad (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-20	Option	$4.10	A	120000	Acquired	2024-02-20	Common Stock (120000)	Direct

Footnotes

F1: These securities were issued as part of the Issuer's annual equity compensation to non-employee directors.

F2: These options to purchase shares of common stock of the Issuer vest ratably over a one-year period, with 1/4 of the options granted vesting on a quarterly basis commencing on March 31, 2014.