Form 4 for NTIP NETWORK-1 TECHNOLOGIES, INC.
Accepted 2024-03-26 00:00:00 ET · period of report 2024-03-22 · accession 0001072613-24-000345 · 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 | 2024-03-26 | 2024-03-22 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | F - Tax | $2.09 | -23.5K | 3.98M | -0.6% | -$49.1K |
| D | 2024-03-26 | 2024-03-22 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | M - OptEx | $0.00 | +75.0K | 4.01M | +2% | $0 |
| D | 2024-03-26 | 2024-03-22 | NTIP | HOROWITZ COREY M | CEO, COB, Dir, 10% | M - OptEx | $0.00 | +75.0K | 425.0K | +21% | $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 | 2024-03-22 | F | D | 23,505 | $2.09 | 3,983,954 | D | — | — | (F3) 23,505 shares of common stock were delivered by Mr. Horowitz to satisfy withholding taxes resulting in net shares issued to Mr. Hororwitz of 51,495. |
| 2 | Common | Common Stock, $.01 par value per share | 2024-03-22 | M | A | 75,000 | $0.00 | 4,007,459 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of common stock. |
| 3 | Derivative | Restricted stock units | 2024-03-22 | M | A | 75,000 | $0.00 | 425,000 | D | — · — to — | 75,000 Common Stock | (F2) 75,000 restricted stock units vested on March 22, 2024 in accordance with Mr. Horowitz's employment agreement, dated March 22, 2022, with the Issuer. |