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XWELL, Inc. Director's Dealing 2014

Jan 31, 2014

35356_dirs_2014-01-31_9d7d8f6b-b8e5-4575-91c7-5416e15b4786.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-01-29 Common Stock, $0.01 par value per share S 587243 $5.1946 Disposed 2344509 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.01 par value per share 2769204 Direct

Footnotes

F1: The transactions reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2013.

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.

F3: Of which, 106,772 shares of common stock are represented by unvested restricted stock units.