4//SEC Filing
SLINEY WILLIAM E 4
Accession 0001181431-11-047739
CIK 0001082324other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 6:17 PM ET
Size
11.6 KB
Accession
0001181431-11-047739
Insider Transaction Report
Form 4
SLINEY WILLIAM E
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2011-08-30$5.88/sh+100,000$588,000→ 100,000 total - Sale
Common Stock
2011-08-30$23.91/sh−96,200$2,300,142→ 3,800 total - Sale
Common Stock
2011-08-30$24.46/sh−3,800$92,948→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2011-08-30−100,000→ 133,095 totalExercise: $5.88Exp: 2017-12-31→ Common Stock (100,000 underlying)
Holdings
- 5,161(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.40 to $24.39, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.40 to $24.64, 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 (2) to this Form 4.
- [F3]25% of the total shares subject to the option (the "Total Shares") vested on December 31, 2008, and 1/48th of the Total Shares shall vest each month thereafter. 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.
Documents
Issuer
VirnetX Holding Corp
CIK 0001082324
Entity typeother
Related Parties
1- filerCIK 0001281072
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 6:17 PM ET
- Size
- 11.6 KB