NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2014

Feb 14, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 TECHNOLOGIES INC (NTIP-OTC)
CIK: 0001065078
Period of Report: 2013-12-31

Reporting Person: HOROWITZ COREY M (Director, CEO and Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-30	Common Stock, $.01 par value per share	G	10000	—	Disposed	2691542	Direct
2013-12-30	Common Stock, $.01 par value per share	G	25000	—	Disposed	2666542	Direct
2013-12-30	Common Stock, $.01 par value per share	G	5000	—	Disposed	2661542	Direct
2013-12-30	Common Stock, $.01 par value per share	G	20250	—	Disposed	2641292	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value per share	2583884	Indirect

Footnotes

F1: Represents a gift of shares of common stock to two trusts and a custodian account, all for the benefit of the children of the reporting person.

F2: 2,171,372 shares of common stock are owned directly by CMH Capital Management Corp. and indirectly by Corey M. Horowitz. CMH Capital Management Corp. is an entity in which Corey Horowitz is the sole officer, director and shareholder. 67,471 shares are owned by Donna Slavitt, the wife of Mr. Horowitz, an aggregate of 342,750 shares are held by two trusts and a custodian account for the benefit of Mr. Horowitz's three children, and 2,291 shares are held by Horowitz Partners, a general partnership of which Mr. Horowitz is a partner.