SEC Form 4 · accession 0001209191-16-094577
VirnetX Holding Corp · VHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kendall Larsen
Officer — President & CEO · Director · 10% Owner
Period of report
Jan 29, 2016
Accepted (ET)
Feb 1, 2016 · 9:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 29, 2016 | M | 41,516 | $0.2409 | A | 6,249,709 | D | |
| Common Stock | holding | — | — | — | 481,120 | I | By: Spouse | |
| Common Stock | holding | — | — | — | 613,530 | I | By: The Kathleen Sheehan Revocable Trust dtd 2/5/2009 | |
| Common Stock | holding | — | — | — | 300,000 | I | By: The K2 Investment Fund LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option grant (right to buy)F1 | $0.2409 | Jan 29, 2016 | M | 41,516 | D | — | Mar 23, 2016 | Common Stock | 41,516 | 0 | D |
Explanation of responses
- F1The shares subject to this option are fully vested and exercisable.