Company: VHC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015742
Chunk: 46

Company: VirnetX Holding Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 46
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 | —         |     |              |          $— |     |              |
|                           | —         |     |                 |     — |     |                 |       — |     |          | —         |     |            | 909(6)    |     |              |   $7,131.73 |     |              |
|                           | —         |     |                 |     — |     |                 |       — |     |          | —         |     |            | 30,000(7) |     |              | $235,500.00 |     |              |

| (1) | The market value is computed by multiplying (i) the number of shares of RSU or RSAs that were unvested as of December 31, 2024 that would become vested by (ii) $7.85 (the closing market price of our common stock on NYSE on December 31, 2024, the last trading day in 2023). |

| (2) | This table does not include options, RSUs or RSAs granted to Mrs. Larsen, which are discussed in the notes to the Beneficial Ownership Table, included in this Proxy Statement at page21. |

| (3) | The shares subject to this option are fully vested and exercisable as of December 31, 2024. |

| (4) | The shares subject to the option vest and become exercisable in 48 equal monthly installments beginning on the one-month anniversary of the grant date, subject to the optionee’s continued status as a service provider of the Company on each such date. |

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| (5) | The RSUs shall vest in four equal annual installments beginning on the one-year anniversary of the grant date. |

| (6) | 1/48 of the total number of shares of RSAs shall vest and become exercisable on the one-month anniversary of the grant date, and 1/48 of the total number of RSAs shall vest and become exercisable on each monthly anniversary thereafter, subject to the grantee’s continued service as a service provider of the Company on each date. |

| (7) | 1/4 of the total number of shares of RSAs shall vest and become exercisable on the one-year anniversary of the grant date, and 1/4 of the total number of RSAs shall vest and become exercisable on each yearly anniversary thereafter, subject to the grantee