Stephen Spinelli - 09 Feb 2024 Form 4 Insider Report for NAPCO SECURITY TECHNOLOGIES, INC (NSSC)

Role
Senior Vice President of Sales
Signature
Stephen Spinelli
Issuer symbol
NSSC
Transactions as of
09 Feb 2024
Net transactions value
-$1.44
Form type
4
Filing time
13 Feb 2024, 16:18:52 UTC
Previous filing
31 Aug 2022
Next filing
29 Jul 2024
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 $359,999 +35,928 $10.02* 35,928 09 Feb 2024 Direct
transaction NSSC Common Stock Tax liability $360,000 -8,000 -22% $45.00 27,928 09 Feb 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 -35,928 -60% $0.000000 23,952 09 Feb 2024 Common Stock 35,928 $10.02 Direct F2
holding NSSC Employee Stock Option (Right to Buy) 5,000 09 Feb 2024 Common Stock 5,000 $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.