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

Jun 13, 2016

34749_dirs_2016-06-13_64c474dd-4f3f-4f10-a301-9aca6f8c809c.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: KAHN DAVID C (Director, Chief Financial Officer)

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.