Filing Details
- Accession Number:
- 0001256087-13-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-19 11:12:39
- Reporting Period:
- 2013-09-17
- Filing Date:
- 2013-09-19
- Accepted Time:
- 2013-09-19 11:12:39
- 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 |
---|---|---|---|---|---|---|---|
1256087 | Jorge Hevia | Senior Vice President | No | 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 | 2013-09-17 | 9,465 | $5.42 | 175,692 | No | 4 | F | Direct | |
Napco Security Technologies, Inc. | Acquisiton | 2013-09-17 | 27,000 | $1.90 | 202,692 | No | 4 | M | Direct | |
Napco Security Technologies, Inc. | Disposition | 2013-09-18 | 12,500 | $5.31 | 190,192 | 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 | 2013-09-17 | 27,000 | $1.90 | 0 | $1.90 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2004-03-19 | 2014-03-19 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.