Paul Stephen Beeber - Dec 5, 2022 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Role
Director
Signature
Paul Stephen Beeber
Stock symbol
NSSC
Transactions as of
Dec 5, 2022
Transactions value $
-$70,302
Form type
4
Date filed
12/13/2022, 12:41 PM
Previous filing
Dec 2, 2022
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $24.4K +1.6K +31.9% $15.27 6.62K Dec 5, 2022 Direct F1
transaction NSSC Common Stock Tax liability -$24.4K -917 -13.86% $26.66 5.7K Dec 5, 2022 Direct F1
transaction NSSC Common Stock Options Exercise $45.9K +2K +35.09% $22.93 7.7K Dec 5, 2022 Direct F2
transaction NSSC Common Stock Tax liability -$45.9K -1.72K -22.34% $26.66 5.98K Dec 5, 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) Options Exercise -$24.4K -1.6K -7.02% $15.27 21.2K Dec 5, 2022 Common Stock 1.6K $15.27 Direct F1
transaction NSSC Non Employee Stock Options (Right to Buy) Options Exercise -$45.9K -2K -9.43% $22.93 19.2K Dec 5, 2022 Common Stock 2K $22.93 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 1,600 stock options as part of a cashless exercise whereby 917 shares were exchanged as payment for such options, netting an increase in shares of 683 shares.
F2 Mr. Beeber exercised 2,000 stock options as part of a cashless exercise whereby 1,720 shares were exchanged as payment for such options, netting an increase of 280 shares.