Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
Citron Jeffrey A
   2. Issuer Name and Ticker or Trading Symbol
VONAGE HOLDINGS CORP [VG] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman & Chief Strategist
(Last)
(First)
(Middle)
VONAGE HOLDINGS CORP., 23 MAIN STREET		 3. Date of Earliest Transaction (Month/Day/Year)
05/30/2006
(Street)

HOLMDEL, NJ 07733		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/30/2006   C   32,253,977 A (1) 33,015,990 D  
Common Stock 05/30/2006   C   9,599,140 A (1) 9,599,140 I By Jeffrey Adam Citron 2003 Qualified Seven Year Annuity Trust
Common Stock 05/30/2006   C   2,816,814 A (1) 2,816,814 I By Kyra Elyse Citron 1999 Descendent Annuity Trust
Common Stock 05/30/2006   C   2,816,814 A (1) 2,816,814 I By Noah Aidan Citron 1999 Descendent Annuity Trust
Common Stock               178,959 I By KEC Holdings

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Notes $ 14.22 12/16/2005   A   $ 2,500,000   12/16/2005 12/01/2010 Common Stock $ 2,500,000 $ 2,500,000 $ 2,500,000 (2) D  
Series A Redeemable Convertible Preferred Stock (1) 05/30/2006   C     3,767,301   (1)   (1) Common Stock 10,763,717 $ 0 0 D  
Series A Redeemable Convertible Preferred Stock (1) 05/30/2006   C     3,359,699   (1)   (1) Common Stock 9,599,140 $ 0 0 I By Jeffrey A. Citron 2003 Qualified Seven Year Annuity Trust
Series A-2 Redeemable Convertible Preferred Stock (1) 05/30/2006   C     5,166,677   (1)   (1) Common Stock 14,761,905 $ 0 0 D  
Series B Redeemable Convertible Preferred Stock (1) 05/30/2006   C     656,250   (1)   (1) Common Stock 1,875,000 $ 0 0 D  
Series C Redeemable Convertible Preferred Stock (1) 05/30/2006   C     1,300,000   (1)   (1) Common Stock 3,714,285 $ 0 0 D  
Series D Redeemable Convertible Preferred Stock (1) 05/30/2006   C     162,787   (1)   (1) Common Stock 465,105 $ 0 0 D  
Series D Redeemable Convertible Preferred Stock (1) 05/30/2006   C     750,000   (1)   (1) Common Stock 2,142,857 $ 0 0 I By Kyra Elyse Citron 1999 Descendent Annuity Trust
Series D Redeemable Convertible Preferred Stock (1) 05/30/2006   C     750,000   (1)   (1) Common Stock 2,142,857 $ 0 0 I By Noah Aidan Citron 1999 Descendent Annuity Trust
Series E Redeemable Convertible Preferred Stock (1) 05/30/2006   C     235,888   (1)   (1) Common Stock 673,965 $ 0 0 D  
Series E Redeemable Convertible Preferred Stock (1) 05/30/2006   C     235,885   (1)   (1) Common Stock 673,957 $ 0 0 I By Kyra Elyse Citron 1999 Descendent Annuity Trust
Series E Redeemable Convertible Preferred Stock (1) 05/30/2006   C     235,885   (1)   (1) Common Stock 673,957 $ 0 0 I By Noah Aidan Citron 1999 Descendent Annuity Trust
Series A-2 Preferred Stock Warrant (right to buy) $ 1.4 05/30/2006   D     900,000 10/01/2003 09/30/2008 Common Stock 2,571,429 $ 0 0 D  
Common Stock Warrant (right to buy) $ 1.4 05/30/2006   A   2,571,429   05/30/2006 09/30/2008 Common Stock 2,571,429 $ 0 2,571,429 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Citron Jeffrey A
VONAGE HOLDINGS CORP.
23 MAIN STREET
HOLMDEL, NJ 07733		   X   X   Chairman & Chief Strategist  

Signatures

 /s/ Jeffrey A. Citron   06/01/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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 convertible preferred stock converted to common stock on a 1:2.86 basis and had no expiration date.
(2) Amount of securities does not reflect acquisition of $36,944.44 of derivative securities acquired by the reporting person on March 1, 2006 as reported on the Form 4 filed for the transaction on May 24, 2006.

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