Jonathan M. Greene - Jan 24, 2023 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Role
Executive VP & Secretary, Director
Signature
/s/ Jonathan M Greene
Stock symbol
NTIP
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 04:11 PM
Previous filing
Jan 19, 2023
Next filing
Jan 10, 2024

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 24, 2023 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 24, 2024 and 7,500 units on January 24, 2025. These shares are deliverable to the reporting person upon each vesting date.