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NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2020
Dec 23, 2020
31906_dirs_2020-12-23_72e89b1a-8050-42eb-9d92-2fb366b31175.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK: 0000069633
Period of Report: 2020-12-21
Reporting Person: SOLOWAY RICHARD (Director, President, CEO and Secretary, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-21 | Common Stock | S | 334961 | $24.7 | Disposed | 3664831 | Direct |
Footnotes
F1: Represents sales of shares of common stock of the Issuer following the full exercise of underwriters' option to purchase 334,961 additional shares in a secondary public offering by Mr. Soloway pursuant to a Registration Statement on Form S-3 that became effective on August 24, 2020 and an underwriting agreement dated December 10, 2020. The shares were sold at a public offering price of $26.00 per share and Mr. Soloway paid an underwriting discount and commission of $1.30 per share, resulting in a net price of $24.70 per share.