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

Apr 20, 2010

34749_dirs_2010-04-20_e914b6e8-0862-4dc8-9ce9-beb932e6567c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI.OB)
CIK: 0001065078
Period of Report: 2010-04-16

Reporting Person: KAHN DAVID C (Chief Financial Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-04-16 Option to Purchase Common Stock $0.68 J 75000 Acquired 2013-08-04 Common Stock (75000) Direct

Footnotes

F1: The expiration date of the option, previously granted on August 4, 2005, was extended for three years to August 4, 2013 by the Board of Directors on April 16, 2010.