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NETSOL TECHNOLOGIES INC Director's Dealing 2011

Aug 15, 2011

34479_dirs_2011-08-15_39ff86b9-352d-42e0-b068-e36da0100a10.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NETSOL TECHNOLOGIES INC (NTWK)
CIK: 0001039280
Period of Report: 2011-06-30

Reporting Person: CATON MARK (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-01 Common Stock A 7500 Acquired 65200 Direct
2011-02-08 Common Stock A 7500 Acquired 72700 Direct
2011-07-12 Common Stock A 20000 Acquired 92700 Direct

Footnotes

F1: Grant of shares to independent directors as compensation for each quarter in 2010 is 7,500.

F2: Of total owned 7,000 is owned indirectly by spouse

F3: As of January 1, 2011, the compensation for independent directors increased from 7,500 per quarter to 10,000 per quarter. Issuance for the March and June 2011 quarters were issued together July 12, 2011.