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NETSOL TECHNOLOGIES INC — Director's Dealing 2010
Feb 24, 2010
34479_dirs_2010-02-24_41c97385-71ba-48f8-b106-0d97d9813622.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NETSOL TECHNOLOGIES INC (NTWK)
CIK: 0001039280
Period of Report: 2010-02-23
Reporting Person: GHAURI NAEEM (Director, CEO, NTE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-23 | Common Stock | A | 250000 | $0.00 | Acquired | 509926 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-02-23 | Options | $0.65 | A | 131250 | Acquired | 2019-08-12 | Common Stock (131250) | Direct |
| 2010-02-23 | Options | $0.65 | A | 131250 | Acquired | 2019-11-12 | Common Stock (131250) | Direct |
Footnotes
F1: Shares vest quarterly at rate of 25% per quarter with the first portion vesting on March 31, 2010 and all shares vesting by
December 31, 2010; Upon full vesting the holder will hold 759,926 shares of common stock; the shares are granted as
compensation.
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