PAUL STEPHEN BEEBER - 25 Aug 2022 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Role
Director
Signature
Paul Stephen Beeber
Issuer symbol
NSSC
Transactions as of
25 Aug 2022
Transactions value $
$43,889
Form type
4
Filing time
13 Sep 2022, 13:55:20 UTC
Previous filing
15 Jul 2022
Next filing
02 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $73,296 +4,800 +1.38% $15.27 8,267 07 Sep 2022 Direct F1
transaction NSSC Common Stock Tax liability -$73,310 -2,438 -29.49% $30.07 5,829 07 Sep 2022 Direct F1
transaction NSSC Common Stock Options Exercise $17,512 +1,500 +25.73% $11.68 7,329 07 Sep 2022 Direct F2
transaction NSSC Common Stock Tax liability -$17,500 -582 -7.94% $30.07 6,747 07 Sep 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 $134,700 +5,000 +20.75% $26.94 29,100 25 Aug 2022 Common Stock 5,000 $26.94 Direct F3
transaction NSSC Non Employee Stock Options (Right to Buy) Options Exercise -$73,296 -4,800 -16.49% $15.27 24,300 07 Sep 2022 Common Stock 4,800 $15.27 Direct F1
transaction NSSC Non Employee Stock Options (Right to Buy) Options Exercise -$17,512 -1,500 -6.17% $11.68 22,800 07 Sep 2022 Common Stock 1,500 $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.