4//SEC Filing
HOROWITZ COREY M 4
Accession 0001072613-23-000265
CIK 0001065078other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 6:01 PM ET
Size
13.5 KB
Accession
0001072613-23-000265
Insider Transaction Report
Form 4
NETWORK-1 TECHNOLOGIES, INC.NTIP-NYSE
HOROWITZ COREY M
DirectorCEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2023-03-22+100,000→ 3,968,809 total - Tax Payment
Common Stock, $.01 par value per share
2023-03-22$2.12/sh−36,350$77,062→ 3,932,459 total - Exercise/Conversion
Restricted stock units
2023-03-22+100,000→ 500,000 total→ Common Stock (100,000 underlying)
Holdings
- 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
- 452,250(indirect: By Trust)
Common Stock, $.01 par value per share
- 2,291(indirect: By Horowitz Partners)
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
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]100,000 restricted stock units vested on March 22, 2023 in accordance with Mr. Horowitz's employment agreement, dated March 22, 2022, with the Issuer.
- [F3]36,350 shares of common stock were delivered by Mr. Horowitz to satisfy withholding taxes resulting in net shares issued to Mr. Hororwitz of 63,650.
- [F4]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'sthree 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 CMHCapital 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 22, 8:00 PM ET
- Accepted
- Mar 23, 6:01 PM ET
- Size
- 13.5 KB