NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2012

Dec 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK: 0000069633
Period of Report: 2012-12-03

Reporting Person: HEVIA JORGE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-03	NAPCO Security Technologies, Inc.	F	14093	$3.37	Disposed	169157	Direct
2012-12-03	NAPCO Security Technologies, Inc.	M	27000	$1.759	Acquired	196157	Direct
2012-12-05	NAPCO Security Technologies, Inc.	S	9400	$3.3376	Disposed	186757	Direct
2012-12-06	NAPCO Security Technologies, Inc.	S	1600	$3.3528	Disposed	185157	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-03	NAPCO Security Systems, Inc. Employee Stock Options	$1.759	M	27000	Acquired	2012-12-20	NAPCO Security Technologies, Inc. (0)	Direct

Footnotes

F1: Mr. Hevia exercised 27,000 Incentive Stock Options that were set to expire on December 20, 2012. Mr. Hevia exchanged 14,093 shares of NAPCO stock he presently owned, as payment for the exercise of the aformentioned 27,000 stock options. In addition, Mr. Hevia sold 11,000 shares of NAPCO stock that he presently owned, approximately 7,000 of which were used to cover the associated taxes as a result of the stock option exercise. The end result of these transactions is Mr. Hevia owns 1,907 additional shares or total shares of 185,157.

F2: Stock Options were awarded on December 20, 2002 and were exercisable at 20% per year, commencing on December 20, 2002. These stock options have a 10 year life and were due to expire on December 20, 2012.