UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
At the Annual Meeting of Stockholders of Network-1 Technologies, Inc. (the “Company”) held on September 20, 2022, the stockholders of the Company entitled to vote at the meeting voted to (i) elect the five individuals named below to serve as directors of the Company to hold office until the next Annual Meeting of Stockholders and until their successors have been duly elected and qualified, (ii) approve the Network-1 Technologies, Inc. 2022 Stock Incentive Plan, (iii) approve, by non-binding advisory vote, the Company’s named executive officer compensation (known as “Say on Pay”) and (iv) to ratify the appointment of Friedman LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.
| 1) | The votes cast by stockholders with respect to the election of directors were as follows: |
| For | Withheld Authority |
Broker non-vote | % votes for | |
| Corey M. Horowitz | 11,446,770 | 1,617,080 | 3,361,744 | 48.11 |
| Jonathan Greene | 10,984,047 | 2,079,803 | 3,361,744 | 46.17 |
| Emanuel R. Pearlman | 10,532,347 | 2,531,503 | 3,361,744 | 44.27 |
| Niv Harizman | 10,564,852 | 2,498,998 | 3,361,744 | 44.41 |
| Allison Hoffman | 10,937,141 | 2,126,709 | 3,361,744 | 45.97 |
| 2) | The votes cast by stockholders with respect to the proposal to approve the Network-1 Technologies, Inc. 2022 Stock Incentive Plan were as follows: |
| For | Against | Abstain | Broker non-vote | % votes for |
| 9,736,278 | 2,965,073 | 362,498 | 3,361,745 | 40.92 |
| 3) | The votes cast by stockholders with respect to the proposal to approve, by non-binding vote, the Company’s named executive compensation as reported in the proxy statement for the Annual Meeting were as follows: |
| For | Against | Abstain | Broker non-vote | % votes for |
| 8,918,778 | 3,780,888 | 364,183 | 3,361,745 | 37.49 |
| 4) | The votes cast by stockholders with respect to the proposal to ratify the appointment of Friedman LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 were as follows: |
| For | Against | Abstain | Broker non-vote | % votes for |
| 15,580,476 | 841,595 | 3,522 | 0 | 65.49 |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NETWORK-1 TECHNOLOGIES, INC. | ||
| Dated: September 21, 2022 | By: | /s/ Corey M. Horowitz |
Name: Corey M. Horowitz Title: Chairman & Chief Executive Officer |
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