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Filing Details

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
1404771	Kendall Larsen	C/O 308 Dorla Court Suite 206 Zephyr Cove NV 89448	President & Ceo	Yes	Yes	Yes	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	Disposition	2014-09-18	1,750,000	$4.46	6,181,526	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	288,262	Indirect	By Spouse
Common Stock	12,657	Indirect	By Spouse's Adult Child
Common Stock	1,200	Indirect	By Spouse and her Father
Common Stock	613,530	Indirect	By the Kathleen Sheehan Revocable Trust dtd 2/5/2009
Common Stock	300,000	Indirect	By the K2 Investment Fund LLC
Common Stock	50,000	Indirect	By the Dustan Sheehan Irrevocable Trust

Footnotes

Shares were pledged under a secured personal line of credit were sold by the Reporting Person pursuant to maintenance requirements under such credit line. Following the sale, the credit line was terminated and no shares held by the Reporting Person remain subject to pledge.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.30 to $5.19, inclusive.
The reporting person disclaims any beneficial ownership of the Shares.