Richard Soloway - 09 Feb 2024 Form 4/A Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Signature
Richard Soloway
Issuer symbol
NSSC
Transactions as of
09 Feb 2024
Net transactions value
+$426,878
Form type
4/A
Filing time
14 Feb 2024, 08:51:45 UTC
Date Of Original Report
13 Feb 2024
Previous filing
15 Feb 2023
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $28,878 +6,000 +0.16% $4.81 3,702,010 09 Feb 2024 Direct
transaction NSSC Common Stock Options Exercise $129,280 +16,000 +0.43% $8.08 3,718,010 09 Feb 2024 Direct
transaction NSSC Common Stock Options Exercise $268,720 +16,000 +0.43% $16.80 3,734,010 09 Feb 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NSSC Employee Stock Option (Right to Buy) Options Exercise $0 -6,000 -100% $0.000000* 0 09 Feb 2024 Common Stock 6,000 $4.81 Direct F1
transaction NSSC Employee Stock Option (Right to Buy) Options Exercise $0 -16,000 -100% $0.000000* 0 09 Feb 2024 Common Stock 16,000 $8.08 Direct F1
transaction NSSC Employee Stock Option (Right to Buy) Options Exercise $0 -16,000 -100% $0.000000* 0 09 Feb 2024 Common Stock 16,000 $16.80 Direct F1
holding NSSC Employee Stock Option (Right to Buy) 100,000 09 Feb 2024 Common Stock 100,000 $22.50 Direct F2
holding NSSC Employee Stock Option (Right to Buy) 10,000 09 Feb 2024 Common Stock 10,000 $26.94 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Currently exercisable
F2 Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
F3 Exercisable, cumulatively, at 20% per year commencing August 25, 2022.

Remarks:

This Form 4A is only to amend the relationship of the reporting persons to the issuer. Previously it was listed as an Officer only. Relationship of the reporting person to the issuer should be Officer, Director and 10% Owner. Additionally the title of the reporting person was amended from Chief Executive Officer to President, CEO and Secretary.