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NAPCO SECURITY TECHNOLOGIES, INC Director's Dealing 2004

Nov 16, 2004

31906_dirs_2004-11-16_f27cc689-99ae-4657-86fb-801770f76f90.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY SYSTEMS INC (NSSC)
CIK: 0000069633
Period of Report: 2004-11-12

Reporting Person: HEVIA JORGE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-12	NAPCO Security Systems Inc. Common Stock	S	1900	$11.65	Disposed	61300	Direct
2004-11-15	NAPCO Security Systems Inc. Common Stock	S	2100	$11.6	Disposed	59200	Direct
2004-11-15	NAPCO Security Systems Inc. Common Stock	S	3000	$11.8	Acquired	56200	Direct
2004-11-16	NAPCO Security Systems Inc. Common Stock	S	3000	$11.6	Acquired	53200	Direct
2004-11-16	NAPCO Security Systems Inc. Common Stock	S	5000	$11.65	Disposed	48200	Direct
2004-11-16	NAPCO Security System Inc. Common Stock	M	20000	$1.53	Acquired	68200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-16	NAPCO Security Systems Inc. Employee Stock Options	$1.53	M	20000	Disposed	2005-03-01	NAPCO Security Systems Inc. Common Stock (0)	Direct

Footnotes

F1: Average Price

F2: Exercisable cumulatively, at 20% per year