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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.
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