SEC Form 4 · accession 0001254037-18-000003
NAPCO SECURITY TECHNOLOGIES, INC · NSSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Soloway
Officer — President and Secretary · Director · 10% Owner
Period of report
Nov 12, 2018
Accepted (ET)
Nov 13, 2018 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000069633
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 12, 2018 | M | 2,000 | $4.807 | A | 6,232,455 | D | |
| Common StockF1 | Nov 12, 2018 | F | 554 | $17.32 | D | 6,231,901 | D | |
| Common StockF1 | Nov 12, 2018 | M | 1,000 | $9.625 | A | 6,232,901 | D | |
| Common StockF1 | Nov 12, 2018 | F | 556 | $17.32 | D | 6,232,345 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F1 | $4.807 | Nov 12, 2018 | M | 2,000 | D | Oct 20, 2014 | Oct 20, 2024 | Common Stock | 10,000 | 0 | D |
| Employee Stock Options (Right to Buy)F1 | $9.625 | Nov 12, 2018 | M | 1,000 | D | Dec 15, 2017 | Dec 15, 2027 | Common Stock | 5,000 | 4,000 | D |
Explanation of responses
- F1Mr. Soloway exercised 3,000 Incentive Stock Options as part of a cashless exercise whereby 1,110 shares were exchanged as payment for such options, netting an increase of 1,890 shares.