Filing Details

Accession Number:
0001072613-10-001088
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-20 16:18:12
Reporting Period:
2010-12-16
Filing Date:
2010-12-20
Accepted Time:
2010-12-20 16:18:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1065078 Network 1 Security Solutions Inc NSSI-OTC Services-Prepackaged Software (7372) 113027591
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1078774 M Corey Horowitz C/O Cmh Capital Management Corp
445 Park Avenue, Suite 1018
New York NY 10022
Ceo And Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.01 Par Value Per Share Disposition 2010-12-16 20,300 $1.56 1,252,785 No 4 S Direct
Common Stock, $.01 Par Value Per Share Disposition 2010-12-16 42,600 $1.60 1,210,185 No 4 S Direct
Common Stock, $.01 Par Value Per Share Disposition 2010-12-16 12,100 $1.56 1,198,085 No 4 S Direct
Common Stock, $.01 Par Value Per Share Disposition 2010-12-20 45,000 $0.00 1,153,085 No 5 G Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 5 G Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $.01 Par Value Per Share 2,042,800 Indirect See Footnote
Footnotes
  1. Represents the sale of a portion of the shares underlying an incentive stock option exercised by Corey M. Horowitz on December 10, 2010.
  2. The shares are owned directly by CMH Capital Management Corp. and indirectly by Corey M. Horowitz. CMH Capital Management Corp. is an entity in which Corey Horowitz is the sole officer, director and shareholder.
  3. Represents a gift of securities to two trusts and a custodian account, all for the benefit of the children of the reporting person.