Gary Feiner - 16 Jun 2024 Form 4 Insider Report for VirnetX Holding Corp (VHC)

Role: Director
Signature: /s/ Kendall Larsen, Attorney-in-fact for Gary Feiner
Issuer symbol: VHC
Transactions as of: 16 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 18 Jun 2024, 16:30:18 UTC
Previous filing: 20 Jun 2023
Next filing: 16 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VHC	Common Stock	Award	$0	+7,500	+200%	$0.000000	11,249	16 Jun 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The total number of restricted shares ("Restricted Stock") shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the close of business on the day prior to the Company's 2025 annual meeting of stockholders, in each case, so long as the Reporting Person'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 immediately prior to the consummation of the Change in Control transaction.
F2	The number of shares beneficially owned reflects the Issuer's 1-for-20 reverse stock split effected October 25, 2023.

Content

The total number of restricted shares ("Restricted Stock") shall vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the close of business on the day prior to the Company's 2025 annual meeting of stockholders, in each case, so long as the Reporting Person'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 immediately prior to the consummation of the Change in Control transaction.

The number of shares beneficially owned reflects the Issuer's 1-for-20 reverse stock split effected October 25, 2023.