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Network 1 Technologies Inc.

09/24/2021 | Press release | Distributed by Public on 09/24/2021 12:49

Submission of Matters to a Vote of Security Holders (Form 8-K)

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 23, 2021, 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, by non-binding advisory vote, the Company's named executive officer compensation (known as "Say on Pay") and (iii) to ratify the appointment of Friedman LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021.

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 13,140,445 14,143 3,858,355 54.55
David C. Kahn 12,181,521 973,067 3,858,355 50.57
Emanuel R. Pearlman 12,042,321 1,112,267 3,858,355 49.99
Niv Harizman 11,997,848 1,156,740 3,858,355 49.81
Allison Hoffman 12,195,424 959,164 3,858,355

50.63

2) 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
12,949,873 182,403 22,312 3,858,355 53.76
3) 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, 2021 were as follows:
For Against Abstain Broker non-vote % votes for
17,002,962 8,745 1,236 0 70.59
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