NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2012

Jan 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 SECURITY SOLUTIONS INC (NSSI-OTC)
CIK: 0001065078
Period of Report: 2012-01-13

Reporting Person: KAHN DAVID C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Common Stock, $01 par value per share	S	15118	$1.27	Disposed	27757	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $01 par value per share	15118	Indirect

Footnotes

F1: The Reporting Person sold the shares to his daughter, who shares his household, in a privately negotiated transaction.

F2: The Reporting Person disclaims beneficial ownership of the securities held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purpose of Section 16 or any other purpose.