HOROWITZ COREY M (CEO and Chairman) exercised options at NETWORK-1 TECHNOLOGIES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/11/2019ACC: 0001072613-19-000215
DirectorOfficer10% Owner· CEO and Chairman
Since Jul 2018
-421.89K
Net shares
Net seller
$987.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
750K acquired · 1.17M disposed
Non-Derivative Transactions2
Common Stock, $.01 par value per share
Direct
Shares
+750K
Price / share
$0.83
Trade value
$622.50K
% of position
23.3%
6/7/2019
3.21M→3.96M
Common Stock, $.01 par value per share
Direct
Shares
−421.89K
Price / share
$2.34
Trade value
$987.22K
% of position
10.6%
6/7/2019
3.96M→3.54M
Total
Net shares
+328.11K
Net value
-$364.72K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per share Direct | 6/7/2019 | M · Option Exercise | +750K | $0.83 | $622.50K | 23.3% | 3.21M | 3.96M |
| Common Stock, $.01 par value per share Direct | 6/7/2019 | F · Tax Withholding | −421.89K | $2.34 | $987.22K | 10.6% | 3.96M | 3.54M |
| Total | +328.11K | -$364.72K | ||||||
Derivative Transactions1
Option to purchase common stock (right to buy)
Direct
Converts to
Common Stock
750K shares
Shares
−750K
Strike price
.83
Held after
0.00
Exercisable
—
6/7/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option to purchase common stock (right to buy) Direct | Common Stock750K shares | 6/7/2019 | M · Option Exercise | −750K | .83 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)5
Common Stock, $.01 par value per share
IndirectShares owned134.28K
Common Stock, $.01 par value per share
IndirectShares owned416.25K
Common Stock, $.01 par value per share
IndirectShares owned67.47K
Common Stock, $.01 par value per share
IndirectShares owned2.16M
Common Stock, $.01 par value per share
IndirectShares owned2.29K
Total
2.78M indirect2.78M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $.01 par value per share | 134.28K | Indirect |
| Common Stock, $.01 par value per share | 416.25K | Indirect |
| Common Stock, $.01 par value per share | 67.47K | Indirect |
| Common Stock, $.01 par value per share | 2.16M | Indirect |
| Common Stock, $.01 par value per share | 2.29K | Indirect |
| Total | 2.78M | 2.78M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported