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: 7/16/2020ACC: 0001072613-20-000229
DirectorOfficer10% Owner· CEO and Chairman
Since Jul 2018
-50.56K
Net shares
Net seller
$108.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
125K acquired · 175.56K disposed
Non-Derivative Transactions2
Common Stock, $.01 par value per share
Direct
Shares
+125K
Price / share
—
Trade value
—
% of position
3.5%
7/14/2020
3.55M→3.67M
Common Stock, $.01 par value per share
Direct
Shares
−50.56K
Price / share
$2.15
Trade value
$108.71K
% of position
1.4%
7/14/2020
3.67M→3.62M
Total
Net shares
+74.44K
Net value
-$108.71K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per share Direct | 7/14/2020 | M · Option Exercise | +125K | — | — | 3.5% | 3.55M | 3.67M |
| Common Stock, $.01 par value per share Direct | 7/14/2020 | F · Tax Withholding | −50.56K | $2.15 | $108.71K | 1.4% | 3.67M | 3.62M |
| Total | +74.44K | -$108.71K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
125K shares
Shares
−125K
Strike price
Held after
125K
Exercisable
—
7/14/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock125K shares | 7/14/2020 | M · Option Exercise | −125K | — | 125K |
Non-Derivative Holdings (Post-Transaction)5
Common Stock, $.01 par value per share
IndirectShares owned67.47K
Common Stock, $.01 par value per share
IndirectShares owned452.25K
Common Stock, $.01 par value per share
IndirectShares owned2.16M
Common Stock, $.01 par value per share
IndirectShares owned2.29K
Common Stock, $.01 par value per share
IndirectShares owned134.28K
Total
2.81M indirect2.81M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $.01 par value per share | 67.47K | Indirect |
| Common Stock, $.01 par value per share | 452.25K | Indirect |
| Common Stock, $.01 par value per share | 2.16M | Indirect |
| Common Stock, $.01 par value per share | 2.29K | Indirect |
| Common Stock, $.01 par value per share | 134.28K | Indirect |
| Total | 2.81M | 2.81M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported