Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Weller Harry R
2. Date of Event Requiring Statement (Month/Day/Year)
05/23/2006
3. Issuer Name and Ticker or Trading Symbol
VONAGE HOLDINGS CORP [VG]
(Last)
(First)
(Middle)
1119 ST. PAUL STREET
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BALTIMORE, MD 21202
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Director Stock Option (right to buy)   (1) 08/01/2014 Common Stock 125,000 $ 1.76 D  
Director Stock Option (right to buy)   (2) 09/01/2015 Common Stock 62,500 $ 10.27 D  
Director Stock Option (right to buy)   (3) 12/01/2015 Common Stock 8,929 $ 13.21 D  
Director Stock Option (right to buy)   (4) 03/01/2016 Common Stock 8,929 $ 15.06 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Weller Harry R
1119 ST. PAUL STREET
BALTIMORE, MD 21202
    X    

Signatures

Louis S. Citron, attorny-in-fact 05/23/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The options vest in equal monthly installments over a period of four years beginning on September 1, 2004.
(2) The options vest in equal monthly installments over a period of four years beginning on October 1, 2005.
(3) The options vest in equal monthly installments over a period of four years beginning on January 1, 2006
(4) The options vest in equal monthly installments over a period of four years beginning on April 1, 2006.
 
Remarks:
In addition to the shares reported herein, (i) New Enterprise Associates 10, Limited Partners owns Series B Preferred shares convertible into 8,500,000 shares of Common Stock of the Issuer, Series C Preferred shares convertible into 4,000,000 shares of Common Stock of the Issuer, Series D Preferred shares convertible into 4,750,820 shares of Common Stock, Series E Preferred shares convertible into 3,841,551 shares of Common Stock, and a convertible note for $11,416,250 convertible at a rate of $14.22 per share of Common Stock, (ii) New Enterprise Associates 11, L.P. owns Series D Preferred shares convertible into 5,557,534 shares of Common Stock, Series E Preferred shares convertible into 1,280,517 shares of common stock, and a convertible note for $3,805,416.67 convertible at a rate of $14.22 per share of Common Stock, and (iii) NEA Ventures 2003, L.P. owns Series B Preferred shares convertible into 21,428 shares of Common Stock of the Issuer. The Reporting Person does not have voting nor dispositive power over any of such shares. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the Reporting Person has no actual pecuniary interest therein.

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