Company: VHC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015742
Chunk: 40

Company: VirnetX Holding Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 40
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 for            
 2024(2)        |     |    Annual 
 Incentive 
     Bonus 
   2024(3) |     | Number        
 of Shares     
 Underlying    
 Stock         
 Option Grants 
 for           
 2024(4)       |     |    Number of 
       Shares 
   Underlying 
 Stock Awards 
          for 
      2024(4) |     | All Other    
 Compensation |
| Kendall Larsen             
 President & Chairman,      
 Chief Executive Officer    |     | $821,461 |     | 75%         |     | 75%            |     |  $616,096 |     | —             |     |       50,000 |     | $63,189(5)   |
| Robert D. Short III, Ph.D. 
 Chief Scientist            |     | $522,655 |     | 50%         |     | 50%            |     |  $261,328 |     | —             |     |       30,000 |     | $13,800(6)   |
| Katherine Allanson         
 Chief Financial Officer    |     | $325,453 |     | 50%         |     | 50%            |     |  $162,727 |     | —             |     |       30,000 |     | $13,413(7)   |

| (1) | The target bonus level for cash incentive opportunities was calculated as a percentage of base salary. |

| (2) | The actual bonus level for cash incentive opportunities was calculated as a percentage of base salary. |

| (3) | The bonus amounts in this column reflect the annual incentive bonuses paid in 2024. |

| (4) | Stock option grants and stock awards made under the Plan. The Company has not granted stock option awards to its executive officers since the last grant in the fiscal year ended December 31, 2022. |

| (5) | Reflects $63,189 for accrued, but unused vacation in 2024. |

| (6) | Reflects payment of $13,800, which are employer contributions to the Company’s 401(k) plan in 2024. |

| (7) | Reflects payment of $13,413, which are employer contributions to the Company’s 401(k) plan in 2024. |

Base Salary Mr. Larsen is our President and Chief Executive Officer, as well as Chairman of