NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2015

Feb 5, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 TECHNOLOGIES INC (NTIP-NYSE)
CIK: 0001065078
Period of Report: 2014-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-08	Common Stock, $.01 par value per share	G	1000	—	Disposed	3228885	Direct
2014-12-18	Common Stock, $.01 par value per share	G	18000	—	Disposed	3210885	Direct
2014-12-30	Common Stock, $.01 par value per share	G	10000	—	Disposed	3200885	Direct
2014-12-30	Common Stock, $.01 par value per share	G	7500	—	Disposed	3193385	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value per share	2721884	Indirect

Footnotes

F1: Represents a contribution of 1,000 shares of common stock to a charity on January 8, 2014 that was previously included in the total shares owned directly by the reporting person.

F2: Since the date of the reporting person's last report, 120,000 shares previously owned directly by the reporting person were contributed to CMH Capital Money Purchase Plan, of which Mr. Horowitz is the trustee.

F3: 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.

F4: Represents a contribution to a charity.

F5: Represents a contribution to a charity.

F6: Includes shares of common stock owned indirectly by Mr. Horowitz, and directly as follows: (i) 2,171,372 shares owned by CMH Capital Management Corp., an entity solely owned by Mr. Horowitz; (ii) 120,000 shares owned by CMH Capital Management Money Purchase Plan, of which Mr. Horowitz is the trustee, (iii) 67,471 shares owned by Donna Slavitt, the wife of Mr. Horowitz, (iv) an aggregate of 360,750 shares held by two trusts and a custodian account for the benefit of Mr. Horowitz's three children; and (v) 2,291 shares of common stock held by Horowitz Partners, a general partnership of which Mr. Horowitz is a partner.