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NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2017
Feb 3, 2017
34749_dirs_2017-02-03_438e49d6-e913-4bae-86e1-cc9274a5f76d.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: 2017-02-02
Reporting Person: PEARLMAN EMANUEL R (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-02 | Common Stock, $.01 par value per share | A | 13500 | — | Acquired | 51283 | Direct |
Footnotes
F1: Represents common stock underlying 13,500 restricted stock units, each representing a contingent right to receive one share of common stock. The 13,500 restricted stock units vest over a one year period in four equal quarterly installments of 3,375 shares of common stock on March 15, 2017, June 15, 2017, September 15, 2017 and December 15, 2017, subject to Mr. Pearlman continuing to serve on the Board. The shares are deliverable to the reporting person upon each vesting date.
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