NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2006

Feb 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY SYSTEMS INC (NSSC0)
CIK: 0000069633
Period of Report: 2006-02-15

Reporting Person: HEVIA JORGE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-15	NAPCO Security Systems, Inc.	S	4500	$14.59	Disposed	96000	Direct
2006-02-16	NAPCO Security Systems, Inc.	S	10500	$15.01	Acquired	85500	Direct
2006-02-16	NAPCO Security Systems, Inc.	M	36000	$1.5555	Acquired	121500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-16	NAPCO Security Systems, Inc. Employee Stock Options	$1.5555	M	36000	Disposed	2006-11-27	NAPCO Security Systems, Inc. Common Stock (0)	Direct

Footnotes

F1: Shares and price reflects 2:1 stock split April 2004, 20% stock dividend of November 2004 and 3:2 stock split of November 2005

F2: Exercisable, cumulatively, at 20% per year commencing 11/27/2001.