Kendall Larsen - 18 May 2023 Form 4 Insider Report for VirnetX Holding Corp (VHC)

Role: President & CEO, Director, 10%+ Owner
Signature: /s/ Kendall Larsen
Issuer symbol: VHC
Transactions as of: 18 May 2023
Transactions value $: $46,708
Form type: 4
Filing time: 22 May 2023, 20:06:46 UTC
Previous filing: 14 Jun 2022
Next filing: 31 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VHC	Common Stock	Purchase	$46.7K	+104K	+15.59%	$0.45	772K	18 May 2023	By: Spouse	F1
holding	VHC	Common Stock						6.44M	18 May 2023	Direct
holding	VHC	Common Stock						614K	18 May 2023	By: The Kathleen Sheehan Revocable Trust dtd 2/5/2009
holding	VHC	Common Stock						300K	18 May 2023	By: The K2 Investment Fund LLC

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4369 to $0.45, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4369 to $0.45, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares purchased at each separate price within the range set forth in this Form 4.