David C. Kahn - 20 Dec 2021 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Role: Chief Financial Officer, Director
Signature: /s/ David C. Kahn
Issuer symbol: NTIP
Transactions as of: 20 Dec 2021
Transactions value $: -$3,021
Form type: 4
Filing time: 21 Dec 2021, 16:05:02 UTC
Next filing: 30 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTIP	Common Stock, $.01 par value per share	Award	$0	+3.75K	+3.38%	$0.00	115K	20 Dec 2021	Direct	F1
transaction	NTIP	Common Stock, $.01 par value per share	Tax liability	-$3.02K	-1.12K	-0.98%	$2.69	113K	20 Dec 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NTIP	Restricted Stock Units	Options Exercise	$0	+3.75K		$0.00	3.75K	20 Dec 2021	Common Stock	3.75K		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of common stock.
F2	1,123 shares of common stock were delivered by Mr. Kahn to satisfy withholding taxes.
F3	3,750 restricted stock units vested on December 20, 2021.