XWELL, Inc. — Director's Dealing 2015

Jan 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2015-01-22

Reporting Person: Stout Donald E. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-22	Option	$0.59	A	100000	Acquired	2025-01-22	Common Stock (100000)	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 stock options granted vesting on a quarterly basis commencing on March 31, 2015.