4//SEC Filing
HOROWITZ COREY M 4
Accession 0001072613-22-000354
CIK 0001065078other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 4:14 PM ET
Size
13.7 KB
Accession
0001072613-22-000354
Insider Transaction Report
Form 4
NETWORK-1 TECHNOLOGIES, INC.NTIP-NYSE
HOROWITZ COREY M
DirectorCEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-03-11−125,000→ 125,000 total→ Common Stock (125,000 underlying) - Tax Payment
Common Stock, $.01 par value per share
2022-03-11$2.53/sh−45,438$114,958→ 3,703,368 total - Exercise/Conversion
Common Stock, $.01 par value per share
2022-03-11+125,000→ 3,748,806 total
Holdings
- 452,250(indirect: By Trust)
Common Stock, $.01 par value per share
- 2,157,097(indirect: By CMH Capital Management Corp.)
Common Stock, $.01 par value per share
- 134,275(indirect: By CMH Capital Management Corp. Profit Sharing Plan)
Common Stock, $.01 par value per share
- 2,291(indirect: By Horowitz Partners)
Common Stock, $.01 par value per share
- 67,470(indirect: By Spouse)
Common Stock, $.01 par value per share
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]45,438 shares of common stock were delivered by Mr. Horowitz to satisfy withholding taxes resulting in net shares issued to Mr. Horowitz of 79,562.
- [F3]125,000 restricted stock units settled on March 11, 2022 in accordance with an agreement with the Issuer, such restricted stock units vested on July 14, 2021 in accordance with Mr. Horowitz's employment agreement, dated July 14, 2016, with the Issuer.
- [F4]Includes shares of common stock owned indirectly by Mr. Horowitz, as follows: (i) 2,157,097 shares owned by CMH Capital Management Corp., an entity solely owned by Mr. Horowitz; (ii) 67,470 shares owned by Donna Slavitt, the wife of Mr. Horowitz, (iii) an aggregate of 452,250 shares held by two trusts and a custodian account for the benefit of Mr. Horowitz's three children; (iv) 2,291 shares of common stock held by Horowitz Partners, a general partnership of which Mr. Horowitz is a partner; and (v) 134,275 shares of common stock owned by CMH Capital Management Corp. Profit Sharing Plan, an entity of which Mr. Horowitz, as trustee, has sole voting and investment power with respect to the shares.
Documents
Issuer
NETWORK-1 TECHNOLOGIES, INC.
CIK 0001065078
Entity typeother
Related Parties
1- filerCIK 0001078774
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 4:14 PM ET
- Size
- 13.7 KB