Company: VHC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015742
Chunk: 31

Company: VirnetX Holding Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 31
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 Excludes 30,676 shares obtained prior to 2021 and held by the Kathleen Sheehan Revocable Trust dated 2/5/2009 and shares, stock options, and restricted stock units (“RSUs”) held by Mr. and Mrs. Larsen’s adult children. Mr. Larsen disclaims beneficial ownership of the excluded shares. |

| (3) | Includes (i) 67,524 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025 and (ii) 11,278 shares of common stock owned by the Short Revocable Living Trust. |

| (4) | Includes 6,000 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025. |

| (5) | Includes 5,625 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025. |

| (6) | Includes 5,625 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025. |

| (7) | Includes 5,625 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025. |

| (8) | Ms. Chow holds no rights to acquire stock within 60 days of March 31, 2025. |

| (9) | Includes the following securities beneficially held by our current directors and executive officers as a group: 151,027 shares of common stock issuable upon exercise of options presently exercisable or exercisable within 60 days of March 31, 2025. |

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TABLE OF CONTENTS PROPOSAL I: ELECTION OF THE CLASS III DIRECTOR The Board consists of five members. In accordance with our Amended and Restated Certificate of Incorporation, the Board is divided into three classes with staggered three-year terms. At the Annual Meeting, one Class III director will be elected for a three-year term to serve until the 2028 annual meeting and until their respective successor is qualified and elected, or until their earlier death, resignation or removal. Nominees The nominating and corporate governance committee of the Board recommended, and the Board approved, Michael F. Angelo as our Class III director