- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2012-05-15 18:06:54
- Reporting Period:
- Filing Date:
- Filing Date Changed:
- Accepted Time:
- 2012-05-15 19:06:54
- Original Submission Date:
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1082324||Virnetx Holding Corp||VHC||Patent Owners & Lessors (6794)||770390628|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1495444||Iii D Robert Short||C/o 308 Dorla Court
Zephyr Cove NV 89448
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Stock||Stock Option (Right to Buy)||Disposition||2012-05-15||20,000||$0.00||20,000||$1.15|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Stock||35,000||Indirect||By: The Short Revocable Living Trust|
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2011.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.21 to $30.05, inclusive. The reporting person undertakes to provide to VirnetX Holding Corporation, any security holder of VirnetX Holding Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- 12/48th of the shares subject to the option to purchase 312,590 shares of the Company Common Stock, granted to the Reporting Person on April 3, 2009, vested and became exercisable on April 3, 2010 and 1/48th of the total shares vest and become exercisable on the same day of each month thereafter so long as the reporting person's Continuous Service Status (as defined in the Issuer's 2007 Stock Plan) continues. If a Change of Control (as defined in the Issuer's 2007 Stock Plan) occurs, all of the Shares underlying this Option then unvested as of the date of the Change of Control, will vest and become exercisable immediately prior to the consummation of the Change of Control transaction.
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