4//SEC Filing
HOROWITZ COREY M 4
Accession 0001072613-22-000598
CIK 0001065078other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 5:01 PM ET
Size
13.3 KB
Accession
0001072613-22-000598
Insider Transaction Report
Form 4
NETWORK-1 TECHNOLOGIES, INC.NTIP-NYSE
HOROWITZ COREY M
DirectorCEO and Chairman10% Owner
Transactions
- Tax Payment
Common Stock, $.01 par value per share
2022-10-27$2.48/sh−334,459$829,458→ 3,868,909 total - Exercise/Conversion
Option to purchase common stock (right to buy)
2022-10-27−500,000→ 0 totalExercise: $1.19From: 2012-11-01Exp: 2022-11-01→ Common Stock (500,000 underlying) - Exercise/Conversion
Common Stock, $.01 par value per share
2022-10-27$1.19/sh+500,000$595,000→ 4,203,368 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
- 67,470(indirect: By Spouse)
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
Footnotes (2)
- [F1]Includes 239,920 shares of common stock delivered by Mr. Horowitz in connection with the net (cashless) exercise of the stock option and 94,539 shares of common stock delivered to satisfy withholding taxes resulting in net shares issued to Mr. Horowitz of 328,111.
- [F2]Includes shares of common stock owned indirectly by Mr. Horowitz, and directly 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
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 5:01 PM ET
- Size
- 13.3 KB