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

May 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI.OB)
CIK: 0001065078
Period of Report: 2010-05-21

Reporting Person: Ohana Laurent (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-21	Warrant to purchase common stock	$0.68	J	50000	Acquired	2011-05-21	Common Stock (50000)	Direct

Footnotes

F1: The expiration date of the previously issued warrant was extended for one year to May 21, 2011 by the Board of Directors on May 21, 2010.