Paul Stephen Beeber - Aug 25, 2022 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Role
Director
Signature
Paul Stephen Beeber
Stock symbol
NSSC
Transactions as of
Aug 25, 2022
Transactions value $
$43,889
Form type
4
Date filed
9/13/2022, 01:55 PM
Previous filing
Jul 15, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $73.3K +4.8K +138.45% $15.27 8.27K Sep 7, 2022 Direct F1
transaction NSSC Common Stock Tax liability -$73.3K -2.44K -29.49% $30.07 5.83K Sep 7, 2022 Direct F1
transaction NSSC Common Stock Options Exercise $17.5K +1.5K +25.73% $11.68 7.33K Sep 7, 2022 Direct F2
transaction NSSC Common Stock Tax liability -$17.5K -582 -7.94% $30.07 6.75K Sep 7, 2022 Direct F2

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 Non Employee Stock Options (Right to Buy) Award $135K +5K +20.75% $26.94 29.1K Aug 25, 2022 Common Stock 5K $26.94 Direct F3
transaction NSSC Non Employee Stock Options (Right to Buy) Options Exercise -$73.3K -4.8K -16.49% $15.27 24.3K Sep 7, 2022 Common Stock 4.8K $15.27 Direct F1
transaction NSSC Non Employee Stock Options (Right to Buy) Options Exercise -$17.5K -1.5K -6.17% $11.68 22.8K Sep 7, 2022 Common Stock 1.5K $11.68 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Beeber exercised 4,800 stock options as part of a cashless exercise whereby 2,438 shares were exchanged as payment for such options, netting an increase of 2,362 shares.
F2 Mr. Beeber exercised 1,500 stock options as part of a cashless exercise whereby 582 shares were exchanged as payment for such options, netting an increase of 918 shares.
F3 Exercisable, cumulatively, at 20% per year commencing on 8/25/2022.