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

Jan 25, 2013

34749_dirs_2013-01-25_2835f9a6-eaf6-475c-8e7a-61b241d223ac.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: 2013-01-24

Reporting Person: HARIZMAN NIV (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-01-24 Option to purchase common stock (right to buy) $1.19 A 25000 Acquired 2018-01-24 Common Stock (25000) Direct

Footnotes

F1: The options vest in four equal quarterly installments (6,250 shares) beginning on April 24, 2013, subject to Mr.Harizman continuing to serve on the Board.