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

Jan 13, 2011

34749_dirs_2011-01-13_d37f3770-6fb3-4671-a2c0-b2766f6a4d3a.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI)
CIK: 0001065078
Period of Report: 2011-01-03

Reporting Person: Hound Partners Offshore Fund, LP (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.01 par value per share 1625393 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Stock Warrant (Right to Buy) $2 2012-04-16 Common Stock (973429) Direct