X0303 4 2010-05-10 0 0001272830 VONAGE HOLDINGS CORP VG 0001361433 Citron Jeffrey A C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733 1 0 1 0 Common Stock 2010-05-10 4 S 0 40000 1.70 D 33258225 D Common Stock 2010-05-11 4 S 0 210000 1.73 D 33048225 D Common Stock 2010-05-11 4 S 0 250000 1.80 D 32798225 D Common Stock 2010-05-12 4 S 0 46200 1.8817 D 32752025 D Common Stock 4138399 I By Kyra Elyse Citron 1999 Descendent Annuity Trust Common Stock 4138399 I By Noah Aidan Citron 1999 Descendent Annuity Trust Common Stock 5076574 I By Jeffrey Adam Citron 2003 Qualified Seven Year Annuity Trust Common Stock 178959 I By KEC Holdings Mr. Citron's decision to sell a limited amount of his holdings in Vonage reflects the advice of financial and estate planning advisors to broaden his investment portfolio. /s/ Jeffrey A. Citron 2010-05-12