NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2013

Sep 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK: 0000069633
Period of Report: 2013-09-17

Reporting Person: HEVIA JORGE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-17	NAPCO Security Technologies, Inc.	F	9465	$5.42	Disposed	175692	Direct
2013-09-17	NAPCO Security Technologies, Inc.	M	27000	$1.9	Acquired	202692	Direct
2013-09-18	NAPCO Security Technologies, Inc.	S	12500	$5.3133	Disposed	190192	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-17	NAPCO Security Systems, Inc. Employee Stock Options	$1.9	M	27000	Disposed	2014-03-19	NAPCO Security Technologies, Inc. (0)	Direct

Footnotes

F1: Mr. Hevia exercised 27,000 Incentive Stock Options that were set to expire on March 19, 2014. Mr. Hevia exchanged 9,465 shares of NAPCO stock he presently owned, as payment for the exercise of the aforementioned 27,000 stock options. In addition, Mr. Hevia sold 12,500 shares of NAPCO stock that he presently owned, approximately 9,500 of which were used to cover associated taxes as a result of the stock option exercise. The end result of these transactions is, Mr. Hevia owns 5,035 additional shares or total shares of 190,192.

F2: Stock options were awarded on March 19, 2004 and were exercisable at 20% per year, commencing on March 19, 2004. These stock options have a 10 year life and were due to expire on March 19, 2014.