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

Jan 25, 2013

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: Hoffman Allison C (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 Ms. Hoffman continuing to serve on the Board.