0001072613-20-000229.txt : 20200716 0001072613-20-000229.hdr.sgml : 20200716 20200716123128 ACCESSION NUMBER: 0001072613-20-000229 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200714 FILED AS OF DATE: 20200716 DATE AS OF CHANGE: 20200716 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HOROWITZ COREY M CENTRAL INDEX KEY: 0001078774 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15288 FILM NUMBER: 201031188 MAIL ADDRESS: STREET 1: C/O CMH CAPITAL MANAGEMENT CORP STREET 2: 885 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10021 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NETWORK 1 TECHNOLOGIES INC CENTRAL INDEX KEY: 0001065078 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 113027591 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 445 PARK AVENUE STREET 2: SUITE 912 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128295770 MAIL ADDRESS: STREET 1: 445 PARK AVENUE STREET 2: SUITE 912 CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: NETWORK 1 SECURITY SOLUTIONS INC DATE OF NAME CHANGE: 19980629 4 1 ownership.xml X0306 4 2020-07-14 0 0001065078 NETWORK 1 TECHNOLOGIES INC NTIP-NYSE 0001078774 HOROWITZ COREY M 6 BROOKLAWN DRIVE WESTPORT CT 06880 1 1 1 0 CEO and Chairman Common Stock, $.01 par value per share 2020-07-14 4 M 0 125000 0 A 3674369 D Common Stock, $.01 par value per share 2020-07-14 4 F 0 50563 2.15 D 3623806 D Common Stock, $.01 par value per share 2157097 I By CMH Capital Management Corp. Common Stock, $.01 par value per share 67470 I By spouse Common Stock, $.01 par value per share 452250 I By trust / custodian Common Stock, $.01 par value per share 2291 I By Horowitz Partners Common Stock, $.01 par value per share 134275 I By CMH Capital Management Corp. Profit Sharing Plan Restricted Stock Units 2020-07-14 4 M 0 125000 0 D Common Stock 125000 125000 D Each restricted stock unit represents a contingent right to receive one share of common stock. 50,563 shares of common stock were delivered by Mr. Horowitz to satisfy withholding taxes resulting in net shares issued to Mr. Horowitz of 74,437. 125,000 restricted stock units vested on July 14, 2020 in accordance with Mr. Horowitz's employment agreement, dated July 14, 2016, with the Issuer. 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. /s/ Corey M. Horowitz 2020-07-16