Stephen Spinelli - Feb 9, 2024 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Role
Senior Vice President of Sales
Signature
Stephen Spinelli
Stock symbol
NSSC
Transactions as of
Feb 9, 2024
Transactions value $
-$1
Form type
4
Date filed
2/13/2024, 04:18 PM
Previous filing
Aug 31, 2022
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $360K +35.9K $10.02* 35.9K Feb 9, 2024 Direct
transaction NSSC Common Stock Tax liability -$360K -8K -22.27% $45.00 27.9K Feb 9, 2024 Direct F1

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 -35.9K -60% $0.00 24K Feb 9, 2024 Common Stock 35.9K $10.02 Direct F2
holding NSSC Employee Stock Option (Right to Buy) 5K Feb 9, 2024 Common Stock 5K $26.94 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares owned by the reporting person and used to pay the exercise price.
F2 Currently exercisable to the extent of 35,928 shares. Exercisable, cumulatively, at 20% per year commencing April 30, 2021.
F3 Exercisable, cumulatively, at 20% per year commencing August 25, 2022.