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NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2016
Mar 10, 2016
34749_dirs_2016-03-10_bae6af7b-0973-4b2c-8a70-06ee7b501d08.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: 2016-03-07
Reporting Person: Greene Jonathan M (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-07 | Common Stock, $.01 par value per share | M | 240000 | $1.6 | Acquired | 276681 | Direct |
| 2016-03-07 | Common Stock, $.01 par value per share | F | 216056 | $1.93 | Disposed | 60625 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-07 | Option to purchase common stock (right to buy) | $1.60 | M | 240000 | Disposed | 2016-03-10 | Common Stock (240000) | Direct |
Footnotes
F1: 198,864 shares delivered by Mr. Greene in connection with cashless (net) exercise of option and 17,092 shares delivered by Mr. Greene to satisfy tax withholding.
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