XWELL, Inc. — Director's Dealing 2014

Oct 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2014-09-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-30	Common Stock, $0.01 par value per share	S	5209	$0.9618	Disposed	2753577	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value per share	2344509	Indirect

Footnotes

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

F2: Of which, 75,522 shares of common stock are represented by unvested restricted stock units.

F3: 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.