KEVIN BUCHEL - 23 Feb 2023 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Signature
/s/ Kevin S. Buchel
Issuer symbol
NSSC
Transactions as of
23 Feb 2023
Net transactions value
-$1.98
Form type
4
Filing time
24 Feb 2023, 15:15:19 UTC
Previous filing
15 Feb 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSSC Common Stock Options Exercise $8,750 +2,000 +2% $4.38* 101,829 23 Feb 2023 Direct
transaction NSSC Common Stock Tax liability $8,762 -275 -0.27% $31.86 101,554 23 Feb 2023 Direct F1
transaction NSSC Common Stock Options Exercise $23,504 +3,200 +3.2% $7.34 104,754 23 Feb 2023 Direct
transaction NSSC Common Stock Tax liability $23,513 -738 -0.7% $31.86 104,016 23 Feb 2023 Direct F1
transaction NSSC Common Stock Options Exercise $97,728 +6,400 +6.2% $15.27 110,416 23 Feb 2023 Direct
transaction NSSC Common Stock Tax liability $97,715 -3,067 -2.8% $31.86 107,349 23 Feb 2023 Direct F1
transaction NSSC Common Stock Options Exercise $186,800 +16,000 +15% $11.68 123,349 23 Feb 2023 Direct
transaction NSSC Common Stock Tax liability $186,795 -5,863 -4.8% $31.86 117,486 23 Feb 2023 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 Stock Option Options Exercise $0 -2,000 -100% $0.000000* 0 23 Feb 2023 Common Stock 2,000 $4.38 Direct F2
transaction NSSC Stock Option Options Exercise $0 -3,200 -100% $0.000000* 0 23 Feb 2023 Common Stock 3,200 $7.34 Direct F2
transaction NSSC Stock Option Options Exercise $0 -6,400 -80% $0.000000 1,600 23 Feb 2023 Common Stock 6,400 $15.27 Direct F3
transaction NSSC Stock Option Options Exercise $0 -16,000 -80% $0.000000 4,000 23 Feb 2023 Common Stock 16,000 $11.68 Direct F4
holding NSSC Stock Option 100,000 23 Feb 2023 Common Stock 100,000 $22.50 Direct F5
holding NSSC Stock Option 10,000 23 Feb 2023 Common Stock 10,000 $26.94 Direct F6
* 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 exercise price.
F2 Currently exercisable.
F3 Currently exercisable to the extent of 6,400 shares. Exercisable to the extent of 1,600 shares on October 28, 2023.
F4 Currently exercisable to the extent of 16,000 shares. Exercisable to the extent of 4,000 shares on February 12, 2024.
F5 Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
F6 Exercisable, cumulatively, at 20% per year commencing August 25, 2022.