Gael Forterre - 01 Dec 2024 Form 4 Insider Report for VOLITIONRX LTD (VNRX)

Signature
/s/ Gael Forterre
Issuer symbol
VNRX
Transactions as of
01 Dec 2024
Net transactions value
$0
Form type
4
Filing time
03 Dec 2024, 16:01:41 UTC
Previous filing
08 Oct 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNRX Common Stock Award $0 +4,828 +3.2% $0.000000 157,181 01 Dec 2024 Direct F1
holding VNRX Common Stock 5,000 01 Dec 2024 By Spouse
holding VNRX Common Stock 32,500 01 Dec 2024 By Armorica Partners, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2024, the reporting person was awarded 4,828 restricted stock units ("RSUs") under the Issuer's 2015 Stock Incentive Plan in lieu of cash compensation that would otherwise have been owed to the reporting person. The RSUs partially vest in three installments of 1,610 units, 1,609 units, and 1,609 units on each of December 1, 2024, January 1, 2025 and February 1, 2025, respectively, are also subject to further time-based vesting in a single installment on July 1, 2025, and are generally subject to continued service throughout each applicable vesting date. Upon vesting and settlement, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have vested.
F2 These shares of common stock are managed by Armorica Partners, LLC (formerly Armori Capital Management, LLC) ("Armorica Partners"). Mr. Forterre is the managing director and sole shareholder of Armorica Partners and has voting and dispositive control over the shares held by Armorica Partners. Mr. Forterre disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.