Jonathan M. Greene - Jan 18, 2022 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Signature
/s/ Jonathan M Greene
Stock symbol
NTIP
Transactions as of
Jan 18, 2022
Transactions value $
$0
Form type
4
Date filed
1/19/2022, 03:50 PM
Previous filing
Dec 30, 2021
Next filing
Jan 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTIP Restricted Stock Units Award $0 +15K $0.00 15K Jan 18, 2022 Common Stock 15K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock.
F2 The restricted stock units vest in two annual installments, 7,500 units on January 18, 2023 and 7,500 units on January 18, 2024. These shares are deliverable to the reporting person upon each vesting date.