SEC Form 4 · accession 0001072613-17-000046
NETWORK-1 TECHNOLOGIES, INC. · NTIP-NYSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emanuel R Pearlman
Director
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 11:29 am 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 shareF1 | Feb 2, 2017 | A | 13,500 | $0.00 | A | 51,283 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common stock underlying 13,500 restricted stock units, each representing a contingent right to receive one share of common stock. The 13,500 restricted stock units vest over a one year period in four equal quarterly installments of 3,375 shares of common stock on March 15, 2017, June 15, 2017, September 15, 2017 and December 15, 2017, subject to Mr. Pearlman continuing to serve on the Board. The shares are deliverable to the reporting person upon each vesting date.