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