SEC Form 4 · accession 0001072613-19-000110
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 13, 2019
Accepted (ET)
Feb 15, 2019 · 9:29 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 share | Feb 13, 2019 | M | 35,000 | $1.65 | A | 114,840 | D | |
| Common Stock, $.01 par value per shareF1 | Feb 13, 2019 | F | 23,100 | $2.50 | D | 91,740 | 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) | $1.65 | Feb 13, 2019 | M | 35,000 | D | Apr 9, 2014 | Apr 9, 2019 | Common Stock | 35,000 | 0 | D |
Explanation of responses
- F1Shares delivered in connection with a net (cashless) exercise of a stock option to purchase 35,000 shares resulting in net shares issued to Mr. Pearlman of 11,900.