VolitionRx Ltd Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Warrants and Options (Tables)

Warrants and Options (Tables)

12 Months Ended

Dec. 31, 2016

Summarizes changes in warrants outstanding

The following table summarizes the changes in warrants outstanding of the Company during the year ended December 31, 2016:

	Number of Warrants			Weighted Average Exercise Price ($)
Outstanding, December 31, 2015		2,612,739			2.07
Granted		40,000			4.53
Exercised		(490,101	)		0.81
Expired		-			-
Outstanding, December 31, 2016		2,162,638			2.40

Exercisable, December 31, 2016		2,012,638			2.39

summarizes warrants issued and outstanding

Below is a table summarizing the warrants issued and outstanding as of December 31, 2016, which have a weighted average exercise price of $2.40 per share and a weighted average remaining contractual life of 1.90 years.

Date	Number		Number		Exercise		Contractual		Weighted Average Remaining Contractual Life		Expiration	Proceeds to Company if
Issued	Outstanding		Exercisable		Price ($)		Life (Years)		(Years)		Date	Exercised ($)
05/11/12		341,458		341,458		2.60		5.0		0.06	05/10/17		887,791
03/20/13		150,000		-		2.47	3.0 to 6.5			0.28	03/20/16		370,500
											to 12/20/19
06/10/13		29,750		29,750		2.00		5.0		0.02	06/10/18		59,500
08/07/13		45,000		45,000		2.40		4.0		0.01	08/07/17		108,000
11/25/13		456,063		456,063		2.40		5.0		0.40	11/25/18		1,094,551
12/31/13		64,392		64,392		2.40		5.0		0.06	12/31/18		154,541
01/28/14		2,000		2,000		2.40		3.0		0.00	01/28/17		4,800
02/26/14		980,975		980,975		2.20		5.0		0.98	02/26/19		2,158,145
09/05/14		10,000		10,000		2.40		3.0		0.00	09/05/17		24,000
09/26/14		24,000		24,000		3.00		3.0		0.01	09/26/17		72,000
11/17/14		19,000		19,000		3.75		3.0		0.01	11/17/17		71,250
11/14/16		40,000		40,000		4.53		4.0		0.07	11/14/20		181,200
		2,162,638		2,012,638						1.90			5,186,278

Option [Member]

Summarizes changes in warrants outstanding

The following table summarizes the changes in options outstanding of the Company during the year ended December 31, 2016:

	Number of Options			Weighted Average Exercise Price ($)
Outstanding, December 31, 2015		1,830,300			3.53
Granted		825,000			4.03
Exercised		(235,000	)		2.97
Expired		(36,000	)		4.31
Outstanding, December 31, 2016		2,384,300			3.75

Exercisable, December 31, 2016		1,565,133			3.60

summarizes warrants issued and outstanding

Below is a table summarizing the options issued and outstanding as of December 31, 2016, all of which were issued pursuant to the 2011 Equity Incentive Plan (“2011 Plan”) (for option issuances prior to 2016) or the 2015 Plan (for option issuances commencing in 2016) which have a weighted average exercise price of $3.75 per share and a weighted average remaining contractual life of 3.37 years.

Date Issued	Number Outstanding		Number Exercisable		Exercise Price ($)		Contractual Life (Years)		Weighted Average Remaining Contractual Life (Years)		Expiration Date	Proceeds to Company if Exercised ($)
11/25/11		404,000		404,000	4.00-5.00		5.5-7.0			0.19	05/25/17-11/25/18		1,818,000
09/01/12		20,000		20,000	5.31-6.31		4.5-6.0			0.01	03/01/17-09/01/18		116,200
03/20/13		37,000		37,000	2.35-4.35		4.5-7.0			0.03	09/20/17-03/20/20		123,950
09/02/13		16,300		16,300	2.35-4.35		4.5-7.0			0.02	03/02/18-09/02/20		54,605
05/16/14		25,000		20,833	3.00-5.00		3.5-6.0			0.02	11/16/17-05/16/20		100,000
08/18/14		645,000		645,000	2.50 and 3.00		4.5 and 5.5			0.72	02/18/19-02/18/20		1,773,750
05/18/15		20,000		20,000		3.80		4.5		0.02	11/18/19		76,000
07/23/15		317,000		317,000		4.00		4.5		0.42	01/23/20		1,268,000
08/17/15		75,000		75,000		3.75		5.0		0.11	08/17/20		281,250
04/15/16		775,000		-		4.00		6.0		1.72	04/15/22		3,100,000
06/23/16		15,000		-		4.00		6.0		0.03	06/23/22		60,000
09/13/16		25,000		-		4.65		6.0		0.06	09/13/22		116,250
11/11/16		10,000		10,000		5.00		6.0		0.02	11/11/22		50,000
		2,384,300		1,565,133						3.37			8,938,005

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details