Katherine Allanson - Sep 15, 2021 Form 4/A - Amendment Insider Report for VirnetX Holding Corp (VHC)

Role
Chief Financial Officer
Signature
/s/ Kendall Larsen, Attorney-in-fact for Katherine Allanson
Stock symbol
VHC
Transactions as of
Sep 15, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
9/22/2021, 04:05 PM
Date Of Original Report
Sep 17, 2021
Next filing
Jul 7, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VHC Stock Option (Right to Buy) Award $0 +120K $0.00 120K Sep 15, 2021 Common Stock 120K $4.12 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 1/4 of the total number of Shares subject to the Option shall vest and become exercisable on the one-year anniversary of the grant date, and 1/48 of the total number of Shares subject to the Option shall vest and become exercisable on each monthly anniversary thereafter, so long as the individual's continuous status as a Service Provider (as defined in the Plan) has not terminated prior to each such date. If a Change in Control (as defined in the Plan) occurs, all of the Shares underlying this Option then unvested as of the date of the Change in Control, will vest and become exercisable immediately prior to the consummation of the Change in Control transaction.