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NETWORK-1 TECHNOLOGIES, INC. Director's Dealing 2016

Jun 13, 2016

34749_dirs_2016-06-13_893d04e5-a4d5-4260-8fba-bd9f148e024e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 TECHNOLOGIES INC (NTIP-NYSE)
CIK: 0001065078
Period of Report: 2016-06-09

Reporting Person: HARIZMAN NIV (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-06-09 Restricted Stock Units $ A 15000 Acquired Common Stock (15000) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of common stock.

F2: The restricted stock units vest as follows: 7,500 units on the date of grant, 3,750 units on September 9, 2016 and 3,750 units on December 9, 2016, subject to Mr. Harizman continuing to serve on the Board. The shares are deliverable to the reporting person upon each vesting date.