DAVID C. KAHN - 29 Dec 2021 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Signature
/s/ David C. Kahn
Issuer symbol
NTIP
Transactions as of
29 Dec 2021
Transactions value $
-$3,212
Form type
4
Filing time
30 Dec 2021, 12:44:13 UTC
Previous filing
21 Dec 2021

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 +3.31% $0.00 117K 29 Dec 2021 Direct F1
transaction NTIP Common Stock, $.01 par value per share Tax liability -$3.21K -1.12K -0.96% $2.86 116K 29 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 29 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 29, 2021.