Company: VHC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001140361-25-015742
Chunk: 49

Company: VirnetX Holding Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 49
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295,000) |     | $(182,200) |     |  $(27,024) |     |  $(13,512) |     | $(138,735) |     | $(34,685) |
| Add fair value of unvested awards granted in current year                      |     |   $392,500 |     |   $235,500 |     |    $17,654 |     |     $8,817 |     |   $105,780 |     |   $26,444 |
| Change in fair value of unvested awards granted in prior years                 |     |     $7,566 |     |     $2,972 |     |  $(37,762) |     |  $(25,009) |     | $(147,751) |     | $(93,108) |
| Change in fair value of awards vesting in current year, granted in prior years |     |     $5,802 |     |     $1,680 |     |  $(31,460) |     |  $(19,166) |     |  $(86,557) |     | $(41,660) |
| Add: fair value of awards granted in and vested in current year                |     |         $— |     |         $— |     |     $2,048 |     |     $1,026 |     |    $10,159 |     |    $2,540 |
|                                                                                |     | $1,906,614 |     |   $890,040 |     | $2,022,706 |     | $1,372,990 |     | $1,269,156 |     |  $580,325 |

Analysis of the Information Presented in the Pay Versus Performance Table We generally seek to incentivize long-term performance, and therefore do not specifically align our performance measures with “compensation actually paid” (as computed in accordance with Item 402(v) of Regulation S-K) for a particular year. In accordance with Item 402(v) of Regulation S-K, we are providing the following descriptions of the relationships between information presented in the Pay Versus Performance table.

35

TABLE OF CONTENTS Compensation Actually Paid versus Net Income (Loss) The following chart sets forth the relationship between Compensation Actually Paid (“CAP”) to our PEO, the average of CAP to our Non-PEO NEOs, and our Net Income (Loss) during the three most recently completed