Jonathan M. Greene - Jan 2, 2025 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP-NYSE)

Role
Executive VP & Secretary, Director
Signature
/s/ Jonathan M Greene
Stock symbol
NTIP-NYSE
Transactions as of
Jan 2, 2025
Transactions value $
$0
Form type
4
Date filed
1/3/2025, 04:00 PM
Previous filing
Jan 26, 2024
Next filing
Jan 10, 2025
SEC
View on sec.gov

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-NYSE Restricted Stock Units Award $0 +25K +111.11% $0.00 47.5K Jan 2, 2025 Common Stock 25K Direct F1, F2
* 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 The restricted stock units vest in two annual installments, 12,500 units on January 2, 2026 and 12,500 units on January 2, 2027, subject to the terms of the Restricted Stock Unit Agreement and the Company's 2022 Stock Incentive Plan. These shares are deliverable to the reporting person upon each vesting date.