Robert M. Mahan - Sep 8, 2023 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Role
Chief Financial Officer
Signature
/s/ Robert M. Mahan
Stock symbol
NTIP
Transactions as of
Sep 8, 2023
Transactions value $
$0
Form type
4
Date filed
9/11/2023, 02:48 PM
Previous filing
Dec 23, 2022
Next filing
Sep 9, 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 +50K $0.00 50K Sep 8, 2023 Common Stock 50K 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, 25,000 units on September 8, 2024 and 25,000 units on September 8, 2025. These shares are deliverable to the reporting person upon each vesting date.