Filing Details
- Accession Number:
- 0001253873-12-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-09-27 17:08:55
- Reporting Period:
- 2012-09-25
- Filing Date:
- 2012-09-27
- Accepted Time:
- 2012-09-27 17:08:55
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
69633 | Napco Security Technologies Inc | NSSC | Communications Equipment, Nec (3669) | 112277818 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1253873 | S Kevin Buchel | 333 Bayview Ave Amityville NY 11701 | Senior Vice President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Napco Security Technologies, Inc. | Disposition | 2012-09-25 | 13,807 | $3.44 | 264,876 | No | 4 | F | Direct | |
Napco Security Technologies, Inc. | Acquisiton | 2012-09-25 | 27,000 | $1.76 | 291,876 | No | 4 | M | Direct | |
Napco Security Technologies, Inc. | Disposition | 2012-09-25 | 10,000 | $3.43 | 281,876 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Napco Security Technologies, Inc. | NAPCO Security Systems, Inc. Employee Stock Options | Disposition | 2012-09-25 | 27,000 | $1.76 | 0 | $1.76 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2002-12-20 | 2012-12-20 | No | 4 | M | Direct |
Footnotes
- Mr. Buchel exercised 27,000 Incentive Stock Options that were set to expire on December 20, 2012. Mr. Buchel exchanged 13,807 shares of NAPCO stock he presently owned, as payment for the exercise of the aforementioned 27,000 stock options. In addition, Mr. Buchel sold 10,000 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. Buchel owns 3,193 additional shares or total shares of 281,876.
- 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 Decmber 20, 2012.