NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2004

Mar 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY SYSTEMS INC (nssc)
CIK: 0000069633
Period of Report: 2004-03-19

Reporting Person: SOLOWAY RICHARD (Director, President and Secretary, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-19	NAPCO Security Systems, Inc. Employee Stock Options	$11.29	A	25000	Acquired	2014-03-19	NAPCO Security Systems, Inc. Common Stock (25000)	Direct

Footnotes

F1: Exercisable, cumulatively, at 20% per year, commencing 3/19/04.