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

Feb 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 TECHNOLOGIES INC (NTIP-OTC)
CIK: 0001065078
Period of Report: 2014-01-31

Reporting Person: Greene Jonathan M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-31	Common Stock, $.01 par value per share	M	75000	$0.68	Acquired	98802	Direct
2014-01-31	Common Stock, $.01 par value per share	F	48066	$1.64	Disposed	50736	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-31	Option to purchase common stock (right to buy)	$0.68	M	75000	Disposed	2014-02-02	Common Stock (75000)	Direct

Footnotes

F1: The Reporting Person exercised options to purchase 75,000 shares of common stock by cashless exercise on January 31, 2014.

F2: 31,098 shares delivered in connection with cashless exercise of option and 16,968 shares to satisfy tax withholding.