XWELL, Inc. — Director's Dealing 2014

Jan 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2014-01-29

Reporting Person: Perlman Andrew D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-29	Common Stock, $0.01 par value per share	M	2167	$1.50	Acquired	788864	Direct
2014-01-29	Common Stock, $0.01 par value per share	M	76000	$0.96	Acquired	864864	Direct
2014-01-29	Common Stock, $0.01 par value per share	M	121833	$1.65	Acquired	986697	Direct
2014-01-29	Common Stock, $0.01 par value per share	S	200000	$5.1465	Disposed	786697	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-29	Option	$1.50	M	2167	Disposed	2015-01-01	Common Stock (2167)	Direct
2014-01-29	Option	$0.96	M	76000	Disposed	2018-01-09	Common Stock (76000)	Direct
2014-01-29	Option	$1.65	M	121833	Disposed	2018-03-13	Common Stock (121833)	Direct

Footnotes

F1: Of which, 580,730 shares of common stock are represented by unvested restricted stock units.

F2: The transactions reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 22, 2013.