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NETWORK-1 TECHNOLOGIES, INC. Director's Dealing 2017

Jun 13, 2017

34749_dirs_2017-06-13_c61fd97a-8a6f-47f1-a37b-661698a8490c.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: 2017-06-09

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-06-09 Common Stock, $.01 par value per share A 25000 Acquired 58250 Direct
2017-06-09 Common Stock, $.01 par value per share F 6986 $4.10 Disposed 51264 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-09 Restricted Stock Units $ M 25000 Disposed Common Stock (25000) Direct

Footnotes

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

F2: 6,986 shares of common stock were delivered by Mr. Kahn to satisfy withholding taxes.

F3: 25,000 restricted stock units vested on June 9, 2017.