4//SEC Filing
Nance Richard H 4
Accession 0001209191-20-034869
CIK 0001082324other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 7:48 PM ET
Size
8.4 KB
Accession
0001209191-20-034869
Insider Transaction Report
Form 4
Nance Richard H
Chief Financial Officer
Transactions
- Award
Common Stock
2020-06-03+6,666→ 33,843 total - Award
Stock Option(Right to Buy)
2020-06-03+10,000→ 10,000 totalExercise: $6.92Exp: 2030-06-03→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Twenty-five percent (25%) of the Restricted Stock Units will vest on the one (1) year anniversary of the grant date, and twenty-five percent (25%) of the Restricted Stock Units will vest each year thereafter on the same day as the grant date, subject to Participant continuing to be a Service Provider (as defined in the Company's 2013 Equity Incentive Plan (the "Plan")) through each such date. If a Change in Control (as defined in the Plan) occurs, all of the Restricted Stock Units then unvested as of the date of the Change in Control will vest immediately prior to the consummation of the Change in Control transaction.
- [F2]The Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 1/48 of the total number of Shares subject to the Option shall vest and become exercisable on the one- month 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.
Documents
Issuer
VirnetX Holding Corp
CIK 0001082324
Entity typeother
Related Parties
1- filerCIK 0001441468
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 7:48 PM ET
- Size
- 8.4 KB