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NETWORK-1 TECHNOLOGIES, INC. Director's Dealing 2010

Jun 2, 2010

34749_dirs_2010-06-02_518e43b2-1ba0-4329-b4fb-2952f4a7ec21.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI-OTC)
CIK: 0001065078
Period of Report: 2010-05-28

Reporting Person: HOROWITZ COREY M (Director, CEO and Chairman, 10% Owner)
Reporting Person: CMH CAPITAL MANAGEMENT CORP (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-28 Common Stock, $.01 par value per share S 275000 $0.82 Disposed 2192800 Indirect
2010-05-28 Common Stock, $.01 par value per share S 150000 $0.82 Disposed 2042800 Indirect

Footnotes

F1: On May 28, 2010, CMH Capital Management Corp. sold an aggregate of 425, 000 shares of common stock to two purchasers. The shares were owned directly by CMH Capital Management Corp. and indirectly by Corey M. Horowitz. CMH Capital Management Corp. is an entity in which Corey Horowitz is the sole officer, director and shareholder.