Statement of Changes in Beneficial Ownership (4)
September 17 2021 - 04:05PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Allanson
Katherine |
2. Issuer Name and Ticker or Trading
Symbol VirnetX Holding Corp [ VHC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Financial Officer |
(Last)
(First)
(Middle)
308 DORLA COURT, SUITE 206 |
3. Date of Earliest Transaction (MM/DD/YYYY)
9/15/2021
|
(Street)
ZEPHYR COVE, NV 89448
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy) |
$4.14 |
9/15/2021 |
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A |
|
120000 |
|
(1) |
9/15/2031 |
Common Stock |
120000 |
$0.00 |
120000 |
D |
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Explanation of
Responses: |
(1) |
The Shares underlying this
Option shall vest and become exercisable in accordance with the
following schedule: 1/4 of the total number of Shares subject to
the Option shall vest and become exercisable on the one-year
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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Allanson Katherine
308 DORLA COURT
SUITE 206
ZEPHYR COVE, NV 89448 |
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|
Chief Financial Officer |
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Signatures
|
/s/ Kendall Larsen, Attorney-in-fact for
Katherine Allanson |
|
9/17/2021 |
**Signature of Reporting
Person |
Date |
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