Jonathan M Greene - 08 Jan 2024 Form 4 Insider Report for NETWORK-1 TECHNOLOGIES, INC. (NTIP)

Signature
/s/ Jonathan M Greene
Issuer symbol
NTIP
Transactions as of
08 Jan 2024
Net transactions value
$0
Form type
4
Filing time
10 Jan 2024, 12:24:13 UTC
Previous filing
26 Jan 2023
Next filing
19 Jan 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-NYSE Restricted Stock Units Award $0 +15,000 +67% $0.000000 37,500 08 Jan 2024 Common Stock 15,000 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 8, 2025 and 7,500 units on January 8, 2026. These shares are deliverable to the reporting person upon each vesting date.