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NAPCO SECURITY TECHNOLOGIES, INC — Director's Dealing 2022
Sep 13, 2022
31906_dirs_2022-09-13_1458bf7d-3f79-40d7-b14e-b5e60c535e1c.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: 2022-08-25
Reporting Person: BEEBER PAUL STEPHEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-07 | Common Stock | M | 4800 | $15.27 | Acquired | 8267 | Direct |
| 2022-09-07 | Common Stock | F | 2438 | $30.07 | Disposed | 5829 | Direct |
| 2022-09-07 | Common Stock | M | 1500 | $11.675 | Acquired | 7329 | Direct |
| 2022-09-07 | Common Stock | F | 582 | $30.07 | Disposed | 6747 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-25 | Non Employee Stock Options (Right to Buy) | $26.94 | A | 5000 | Acquired | 2032-08-25 | Common Stock (5000) | Direct |
| 2022-09-07 | Non Employee Stock Options (Right to Buy) | $15.27 | M | 4800 | Disposed | 2029-10-28 | Common Stock (4800) | Direct |
| 2022-09-07 | Non Employee Stock Options (Right to Buy) | $11.675 | M | 1500 | Disposed | 2030-02-12 | Common Stock (1500) | Direct |
Footnotes
F1: Mr. Beeber exercised 4,800 stock options as part of a cashless exercise whereby 2,438 shares were exchanged as payment for such options, netting an increase of 2,362 shares.
F2: Mr. Beeber exercised 1,500 stock options as part of a cashless exercise whereby 582 shares were exchanged as payment for such options, netting an increase of 918 shares.
F3: Exercisable, cumulatively, at 20% per year commencing on 8/25/2022.
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