Filing Details
- Accession Number:
- 0001181431-10-058001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-29 20:04:31
- Reporting Period:
- 2010-11-24
- Filing Date:
- 2010-11-29
- Accepted Time:
- 2010-11-29 20:04:31
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1082324 | Virnetx Holding Corp | VHC | Patent Owners & Lessors (6794) | 770390628 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1271058 | C Scott Taylor | 20330 Stevens Creek Blvd. Cupertino CA 95014 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-11-24 | 30,000 | $5.88 | 30,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-24 | 30,000 | $14.33 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option Grant (right to buy) | Disposition | 2007-12-31 | 30,000 | $0.00 | 30,000 | $5.88 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-12-31 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.20 to $14.54, inclusive. The reporting person undertakes to provide to VirnetX Holding Corp, any security holder of VirnetX Holding Corp, 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 (1) to this Form 4.
- 1/36th of the total shares underlying this Option (the "Total Number of Shares") shall vest on August 5, 2007 and 1/36th of the Total Number of Shares shall vest on the 5th day of each month thereafter so long as the reporting person's Continuous Service Status (as defined in the Issuer's 2007 Stock Plan) with the Issuer continues. If a Change of Control (as defined in the Issuer's 2007 Stock Plan) of the Issuer 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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