NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2011

Dec 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI.OB)
CIK: 0001065078
Period of Report: 2011-12-16

Reporting Person: PONS ROBERT M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-16	Common Stock, $.01 par value per share	M	50000	$0.68	Acquired	50000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-16	Option to purchase common stock (right to buy)	$0.68	M	50000	Disposed	2011-12-20	Common Stock (50000)	Direct