NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2020

Dec 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NAPCO SECURITY TECHNOLOGIES, INC (NSSC)
CIK: 0000069633
Period of Report: 2020-12-15

Reporting Person: SOLOWAY RICHARD (Director, President, CEO and Secretary, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-15	Common Stock	S	2233071	$24.7	Disposed	3999792	Direct

Footnotes

F1: Pursuant to a Registration Statement on Form S-3 that became effective on August 24, 2020 and an underwriting agreement dated December 10, 2020, Mr. Soloway sold 2,233,071 shares of common stock of the Issuer in an underwritten secondary public offering. 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. Mr. Soloway also granted the underwriters a 30-day option to purchase 334,961 additional shares of common stock at the same price and at the same underwriting discount and commission.