Home/Filings/4/0001209191-21-041101
4//SEC Filing

Short Robert D III 4

Accession 0001209191-21-041101

CIK 0001082324other

Filed

Jun 15, 8:00 PM ET

Accepted

Jun 16, 7:16 PM ET

Size

11.3 KB

Accession

0001209191-21-041101

Insider Transaction Report

Form 4
Period: 2021-06-14
Transactions
  • Award

    Stock Option(Right to Buy)

    2021-06-14+44,00044,000 total
    Exercise: $4.59Exp: 2031-06-14Common Stock (44,000 underlying)
  • Award

    Common Stock

    2021-06-14+13,333134,256 total
  • Award

    Stock Option(Right to Buy)

    2021-06-14+20,00020,000 total
    Exercise: $4.59Exp: 2031-06-14Common Stock (20,000 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    97,045
Footnotes (2)
  • [F1]Twenty-five percent (25%) of the Restricted Stock Units ("RSUs") will vest on the one (1) year anniversary of the grant date, and twenty-five percent (25%) of the RSUs 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 RSUs 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.

Issuer

VirnetX Holding Corp

CIK 0001082324

Entity typeother

Related Parties

1
  • filerCIK 0001495444

Filing Metadata

Form type
4
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 7:16 PM ET
Size
11.3 KB