4//SEC Filing
Larsen Kendall 4
Accession 0001209191-22-036729
CIK 0001082324other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:53 PM ET
Size
13.7 KB
Accession
0001209191-22-036729
Insider Transaction Report
Form 4
Larsen Kendall
DirectorPresident & CEO10% Owner
Transactions
- Award
Common Stock
2022-06-07+13,336→ 667,993 total(indirect: By Spouse) - Award
Stock Option (Right to Buy)
2022-06-07+45,000→ 45,000 total(indirect: By Spouse)Exercise: $1.49Exp: 2032-06-07→ Common Stock (45,000 underlying) - Award
Common Stock
2022-06-07+26,668→ 6,436,379 total - Award
Stock Option (Right to Buy)
2022-06-07+90,000→ 90,000 totalExercise: $1.49Exp: 2032-06-07→ Common Stock (90,000 underlying)
Holdings
- 613,530(indirect: By Trust)
Common Stock
- 300,000(indirect: By LLC)
Common Stock
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]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 0001404771
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 4:53 PM ET
- Size
- 13.7 KB