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NETWORK-1 TECHNOLOGIES, INC. Director's Dealing 2013

Jun 20, 2013

34749_dirs_2013-06-20_6037eb00-1dd0-4ef5-9780-64b725206d99.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: 2013-06-19

Reporting Person: HARIZMAN NIV (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-06-19 Option to purchase common stock (right to buy) $1.88 A 300000 Acquired 2018-06-19 Common Stock (300000) Direct

Footnotes

F1: The options vest in three equal installments (100,000 shares per installment) as follows: 100,000 on June 19, 2013, 100,000 on June 19, 2014, and 100,000 on June 19, 2015 , subject to Mr. Harizman continuing to serve on the Board.