SEC Form 5 · accession 0001072613-19-000025
NETWORK-1 TECHNOLOGIES, INC. · NTIP-NYSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Corey M Horowitz
Officer — CEO and Chairman · Director · 10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Feb 4, 2019 · 3:53 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, par value $.01 per shareF1 | Dec 28, 2017 | G | 20,000 | $0.00 | D | 3,307,071 | D | |
| Common Stock, par value $.01 per shareF2 | Dec 21, 2018 | G | 16,500 | $0.00 | D | 3,290,571 | D | |
| Common Stock, par value $.01 per shareF3 | Dec 24, 2018 | G | 16,500 | $0.00 | D | 3,274,071 | D | |
| Common Stock, par value $.01 per shareF4 | Dec 31, 2018 | G | 60,000 | $0.00 | D | 3,214,071 | D | |
| Common Stock, par value $.01 per shareF5 | holding | — | — | — | 2,777,383 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a gift (charitable contribution) of 20,000 shares of common stock to a donor advisor fund which was not previously reported on Form 5.
- F2Represents a gift of 16,500 shares of common stock to Donna Slavitt, the wife of Mr. Horowitz.
- F3Represents a gift of an aggregate of 16,500 shares of common stock (5,500 shares each) to two trusts and a custodian account for the benefit of Mr. Horowitz's three children.
- F4Represents a gift (charitable contribution) of 60,000 shares of common stock to a donor advisor fund.
- F5Includes shares of common stock owned indirectly by Mr. Horowitz, and directly as follows: (i) 2,157,097 shares owned by CMH Capital Management Corp., an entity solely owned by Mr. Horowitz; (ii) 67,470 shares owned by Donna Slavitt, the wife of Mr. Horowitz, (iii) an aggregate of 416,250 shares held by two trusts and a custodian account for the benefit of Mr. Horowitz's three children; (iv) 2,291 shares of common stock held by Horowitz Partners, a general partnership of which Mr. Horowitz is a partner; and (v) 134,275 shares of common stock owned by CMH Capital Management Corp. Profit Sharing Plan, an entity of which Mr. Horowitz, as trustee, has sole voting and investment power with respect to the shares.