SEC Form 4 · accession 0001072613-18-000208
NETWORK-1 TECHNOLOGIES, INC. · NTIP-NYSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allison C Hoffman
Director
Period of report
Mar 8, 2018
Accepted (ET)
Mar 12, 2018 · 3:51 pm EDT
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 | Mar 8, 2018 | A | 15,000 | $0.00 | A | 118,500 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common stock underlying 15,000 restricted stock units, each representing a contingent right to receive one share of common stock. The 15,000 restricted stock units vest over a one year period in four equal quarterly installments of 3,750 shares of common stock on March 15, 2018, June 15, 2018, September 15, 2018 and December 15, 2018, subject to Ms. Hoffman continuing to serve on the Board. The shares are deliverable to the reporting person upon each vesting date.