Form 4 for NTIP NETWORK-1 TECHNOLOGIES, INC.
Accepted 2022-03-15 00:00:00 ET · period of report 2022-03-11 · accession 0001072613-22-000354 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-15 | 2022-03-11 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | M - OptEx | $0.00 | +125.0K | 3.75M | +3% | $0 |
| D | 2022-03-15 | 2022-03-11 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | F - Tax | $2.53 | -45.4K | 3.70M | -1% | -$115.0K |
| D | 2022-03-15 | 2022-03-11 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | M - OptEx | $0.00 | -125.0K | 125.0K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.01 par value per share | 2022-03-11 | M | A | 125,000 | $0.00 | 3,748,806 | D | — | — | (F3) 125,000 restricted stock units settled on March 11, 2022 in accordance with an agreement with the Issuer, such restricted stock units vested on July 14, 2021 in accordance with Mr. Horowitz's employment agreement, dated July 14, 2016, with the Issuer. |
| 2 | Common | Common Stock, $.01 par value per share | 2022-03-11 | F | D | 45,438 | $2.53 | 3,703,368 | D | — | — | (F2) 45,438 shares of common stock were delivered by Mr. Horowitz to satisfy withholding taxes resulting in net shares issued to Mr. Horowitz of 79,562. |
| 3 | Derivative | Restricted Stock Units | 2022-03-11 | M | D | 125,000 | $0.00 | 125,000 | D | — · — to — | 125,000 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock. (F3) 125,000 restricted stock units settled on March 11, 2022 in accordance with an agreement with the Issuer, such restricted stock units vested on July 14, 2021 in accordance with Mr. Horowitz's employment agreement, dated July 14, 2016, with the Issuer. |