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NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2010
Apr 20, 2010
34749_dirs_2010-04-20_74f1a819-1cd9-4024-929a-d16bfb3d40f2.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: 2010-04-16
Reporting Person: HOROWITZ COREY M (Director, CEO and Chairman, 10% Owner)
Reporting Person: CMH CAPITAL MANAGEMENT CORP (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-04-16 | Option to purchase common stock | $0.68 | J | 750000 | Acquired | 2013-04-18 | Common Stock (750000) | Indirect |
| 2010-04-16 | Option to purchase common stock | $0.68 | J | 5000 | Acquired | 2013-09-19 | Common Stock (5000) | Direct |
Footnotes
F1: The expiration date of the options, previously granted on April 18, 2002, was extended for three years to April 18, 2013 by the Board of Directors on April 16, 2010.
F2: The options are owned by CMH Capital Management Corp., an entity in which the reporting person is the sole officer, director and shareholder.
F3: The expiration date of the options, previously granted on September 19, 2000, was extended for three years to September 19, 2013 by the Board of Directors on April 16, 2010.