SEC Form 4 · accession 0001072613-16-000713
NETWORK-1 TECHNOLOGIES, INC. · NTIP-NYSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan M Greene
Officer — Executive Vice President
Period of report
Mar 7, 2016
Accepted (ET)
Mar 10, 2016 · 5:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001065078
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per share | Mar 7, 2016 | M | 240,000 | $1.60 | A | 276,681 | D | |
| Common Stock, $.01 par value per shareF1 | Mar 7, 2016 | F | 216,056 | $1.93 | D | 60,625 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stock (right to buy) | $1.60 | Mar 7, 2016 | M | 240,000 | D | Mar 10, 2011 | Mar 10, 2016 | Common Stock | 240,000 | 0 | D |
Explanation of responses
- F1198,864 shares delivered by Mr. Greene in connection with cashless (net) exercise of option and 17,092 shares delivered by Mr. Greene to satisfy tax withholding.