Larsen Kendall 4
4 · VirnetX Holding Corp · Filed Jul 7, 2023
Insider Transaction Report
Form 4
Larsen Kendall
DirectorPresident & CEO10% Owner
Transactions
- Award
Common Stock
2023-07-05+28,150→ 830,283 total(indirect: By Spouse) - Award
Common Stock
2023-07-05+56,300→ 6,492,679 total
Holdings
- 613,530(indirect: By Trust)
Common Stock
- 300,000(indirect: By LLC)
Common Stock
Footnotes (1)
- [F1]1/48 of the total number of restricted shares ("Restricted Stock") shall vest and become exercisable on the one-month anniversary of the grant date, and 1/48 of the total number of Restricted Stock 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 Company's Amended and Restated 2013 Equity Incentive Plan) has not terminated prior to each such date. If a Change in Control occurs, all of the Restricted Stock 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.