NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2006

Feb 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY SYSTEMS INC (NSSC)
CIK: 0000069633
Period of Report: 2006-02-13

Reporting Person: CARRIERI MICHAEL (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-13	NAPCO Security Systems, Inc.	S	25000	$13.68	Disposed	35000	Direct
2006-02-13	NAPCO Security Systems, Inc.	M	36000	$1.5555	Acquired	71000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-01-13	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 of 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