NETSOL Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Incentive and Non-Statutory Stock Option Plan (Tables)

6 Months Ended

Dec. 31, 2014

Common stock purchase options and warrants consisted of the following:

OPTIONS:

	# of shares			Weighted Ave Exercise Price		Weighted Average Remaining Contractual Life (in years)		Aggregated Intrinsic Value

Outstanding June 30, 2014		757,462		$	6.65		2.2
Granted		-			-
Exercised		(30,000	)	$	3.88
Expired / Cancelled		-			-
Outstanding December 31, 2014		727,462		$	6.76		1.71	$	-
Exercisable, December 31, 2014		477,462		$	8.27		1.83	$	-

WARRANTS:
Outstanding and exercisable, June 30, 2014		163,124		$	7.29		2.2
Granted / adjusted		-			-
Exercised		-			-
Expired		-			-
Outstanding and exercisable, December 31, 2014		163,124		$	7.29		1.71	$	-

The following table summarizes information about stock options and warrants outstanding and exercisable at December 31, 2014.

Exercise Price	Number Outstanding		Weighted Average Remaining Contractual Life		Weighted Ave Exercise Price		Number Exercisable		Weighted Average Remaining Contractual Life		Weighted Ave Exercise Price
*OPTIONS:*

$0.10 - $9.90		653,462		1.76	$	4.81		403,462		1.93	$	5.39
$10.00 - $19.90		14,000		1.12	$	18.18		14,000		1.12	$	18.18
$20.00 - $29.90		60,000		1.33	$	25.33		60,000		1.33	$	25.33
Totals		727,462		1.71	$	6.76		477,462		1.83	$	8.27

*WARRANTS:*
$5.00 - $7.50		163,124		1.71	$	7.29		163,124		1.71	$	7.29
Totals		163,124		1.71	$	7.29		163,124		1.71	$	7.29

The following table summarizes stock grants awarded as compensation:

	# of shares			Weighted Average Grant Date Fair Value ($)

Unvested, June 30, 2013		-			-
Granted		337,899		$	5.78
Vested		(105,899	)	$	10.00
Unvested, June 30, 2014		232,000		$	3.88
Granted		110,500		$	2.90
Vested		(172,226	)	$	3.57
Unvested, December 31, 2014		170,274		$	3.56