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NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2016
Jun 13, 2016
34749_dirs_2016-06-13_763c4083-5cf0-4ad6-b962-6e36c28dbfca.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: Greene Jonathan M (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-09 | Restricted Stock Units | $ | A | 50000 | Acquired | Common Stock (50000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock.
F2: The restricted stock units vest in two annual installments, 25,000 units on June 9, 2017 and 25,000 on June 9, 2018. The shares are deliverable to the reporting person upon each vesting date.
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