Allison C. Hoffman - 03 Mar 2023 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Role: Director
Signature: /s/ Allison Hoffman
Issuer symbol: NTIP
Transactions as of: 03 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Mar 2023, 09:26:56 UTC
Previous filing: 20 Jan 2023
Next filing: 12 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTIP	Common Stock, $.01 par value per share	Award	$0	+15,000	+20%	$0.000000	90,561	03 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 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, 2023, June 15, 2023, September 15, 2023 and December 15, 2023, subject to Ms. Hoffman continuing to serve on the Board of Directors. The shares are deliverable to the reporting person upon each vesting date.

Content

Represents 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, 2023, June 15, 2023, September 15, 2023 and December 15, 2023, subject to Ms. Hoffman continuing to serve on the Board of Directors. The shares are deliverable to the reporting person upon each vesting date.