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: 10/31/2022ACC: 0001072613-22-000598
DirectorOfficer10% Owner· CEO and Chairman
Since Jul 2018
-334.46K
Net shares
Net seller
$829.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
500K acquired · 834.46K disposed
Non-Derivative Transactions2
Common Stock, $.01 par value per share
Direct
Shares
+500K
Price / share
$1.19
Trade value
$595K
% of position
13.5%
10/27/2022
3.70M→4.20M
Common Stock, $.01 par value per share
Direct
Shares
−334.46K
Price / share
$2.48
Trade value
$829.46K
% of position
8.0%
10/27/2022
4.20M→3.87M
Total
Net shares
+165.54K
Net value
-$234.46K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per share Direct | 10/27/2022 | M · Option Exercise | +500K | $1.19 | $595K | 13.5% | 3.70M | 4.20M |
| Common Stock, $.01 par value per share Direct | 10/27/2022 | F · Tax Withholding | −334.46K | $2.48 | $829.46K | 8.0% | 4.20M | 3.87M |
| Total | +165.54K | -$234.46K | ||||||
Derivative Transactions1
Option to purchase common stock (right to buy)
Direct
Converts to
Common Stock
500K shares
Shares
−500K
Strike price
1.19
Held after
0.00
Exercisable
—
10/27/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Option to purchase common stock (right to buy) Direct | Common Stock500K shares | 10/27/2022 | M · Option Exercise | −500K | 1.19 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)5
Common Stock, $.01 par value per share
IndirectShares owned2.16M
Common Stock, $.01 par value per share
IndirectShares owned452.25K
Common Stock, $.01 par value per share
IndirectShares owned134.28K
Common Stock, $.01 par value per share
IndirectShares owned2.29K
Common Stock, $.01 par value per share
IndirectShares owned67.47K
Total
2.81M indirect2.81M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, $.01 par value per share | 2.16M | Indirect |
| Common Stock, $.01 par value per share | 452.25K | Indirect |
| Common Stock, $.01 par value per share | 134.28K | Indirect |
| Common Stock, $.01 par value per share | 2.29K | Indirect |
| Common Stock, $.01 par value per share | 67.47K | Indirect |
| Total | 2.81M | 2.81M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported