Filing Details
- Accession Number:
- 0001256086-13-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-23 16:41:19
- Reporting Period:
- 2013-09-16
- Filing Date:
- 2013-09-23
- Accepted Time:
- 2013-09-23 16:41:19
- 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 |
---|---|---|---|---|---|---|---|
1256086 | Michael Carrieri | 333 Bayview Ave Amityville NY 11701 | 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 | 2013-09-16 | 9,000 | $5.70 | 98,500 | No | 4 | F | Direct | |
Napco Security Technologies, Inc. | Acquisiton | 2013-09-16 | 27,000 | $1.90 | 125,500 | No | 4 | M | Direct | |
Napco Security Technologies, Inc. | Disposition | 2013-09-23 | 5,000 | $5.13 | 120,500 | No | 4 | S | Direct | |
Napco Security Technologies, Inc. | Disposition | 2013-09-23 | 2,500 | $5.11 | 118,000 | 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 | |
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 Technologies, Inc. Employee Stock Options | Acquisiton | 2013-09-16 | 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. Carrieri exercised 27,000 Incentive Stock Options that were set to expire on March 19, 2014. Mr. Carrieri exchanged 9,000 shares of NAPCO stock that he presently owned, as payment for the exercise of the aforementioned 27,000 stock options. In addition, Mr. Carrieri plans to sell 12,000 shares of NAPCO stock that he presently owns, approximately 7,000 of which will be used to cover the anticipated tax liability associated with the stock option exercise. As of this FORM 4 filing, Mr. Carrieri sold 7,500 of the planned 12,000 shares. The end result of these transactions is that Mr. Carrieri owns an additional 10,500 shares or total shares of 118,000.
- Stock Options were awarded on March 19, 2004 and were exerciseable 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.