NETWORK-1 TECHNOLOGIES, INC. — Director's Dealing 2022

Oct 31, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETWORK-1 TECHNOLOGIES, INC. (NTIP-NYSE)
CIK: 0001065078
Period of Report: 2022-10-27

Reporting Person: HOROWITZ COREY M (Director, CEO and Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-27	Common Stock, $.01 par value per share	M	500000	$1.19	Acquired	4203368	Direct
2022-10-27	Common Stock, $.01 par value per share	F	334459	$2.48	Disposed	3868909	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-27	Option to purchase common stock (right to buy)	$1.19	M	500000	Disposed	2022-11-01	Common Stock (500000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $.01 par value per share	2157097	Indirect
Common Stock, $.01 par value per share	67470	Indirect
Common Stock, $.01 par value per share	452250	Indirect
Common Stock, $.01 par value per share	2291	Indirect
Common Stock, $.01 par value per share	134275	Indirect

Footnotes

F1: Includes 239,920 shares of common stock delivered by Mr. Horowitz in connection with the net (cashless) exercise of the stock option and 94,539 shares of common stock delivered to satisfy withholding taxes resulting in net shares issued to Mr. Horowitz of 328,111.

F2: Includes shares of common stock owned indirectly by Mr. Horowitz, and directly as follows: (i) 2,157,097 shares owned by CMH Capital Management Corp., an entity solely owned by Mr. Horowitz; (ii) 67,470 shares owned by Donna Slavitt, the wife of Mr. Horowitz, (iii) an aggregate of 452,250 shares held by two trusts and a custodian account for the benefit of Mr. Horowitz's three children; (iv) 2,291 shares of common stock held by Horowitz Partners, a general partnership of which Mr. Horowitz is a partner; and (v) 134,275 shares of common stock owned by CMH Capital Management Corp. Profit Sharing Plan, an entity of which Mr. Horowitz, as trustee, has sole voting and investment power with respect to the shares.