XWELL, Inc. — Director's Dealing 2016

Apr 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Vringo Inc (VRNG)
CIK: 0001410428
Period of Report: 2016-04-04

Reporting Person: Engelman John (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-04	Stock Option	$1.55	A	50000	Acquired	2026-04-04	Common Stock (50000)	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 in equal quarterly installments over a one-year period, with one-fourth vesting on the date of grant and one-fourth vesting at the end of each fiscal quarter thereafter.