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

Feb 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK 1 TECHNOLOGIES INC (NTIP-NYSE)
CIK: 0001065078
Period of Report: 2016-02-02

Reporting Person: KAHN DAVID C (Director, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-02	Common Stock, $.01 par value per share	M	100000	$1.59	Acquired	116000	Direct
2016-02-02	Common Stock, $.01 par value per share	F	56420	$2.04	Disposed	59580	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-02	Option to purchase common stock (right to buy)	$1.59	M	100000	Disposed	2016-02-03	Common Stock (100000)	Direct

Footnotes

F1: 50,857 shares delivered by Mr. Kahn in connection with cashless (net) exercise of option and 5,563 shares delivered by Mr. Kahn to satisfy tax withholding.