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NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2019
Dec 2, 2019
34749_dirs_2019-12-02_a897525a-24f8-4e48-bb0d-9af2d23953b0.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: 2019-11-27
Reporting Person: KAHN DAVID C (Director, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-27 | Common Stock, $.01 par value per share | A | 20000 | — | Acquired | 118250 | Direct |
| 2019-11-27 | Common Stock, $.01 par value per share | F | 6090 | $2.15 | Disposed | 112160 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-27 | Restricted Stock Units | $ | M | 20000 | Disposed | Common Stock (20000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock.
F2: 6,090 shares of common stock were delivered by Mr. Kahn to satisfy withholding taxes.
F3: 20,000 restricted stock units vested on November 27, 2019.
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