Filing Details
- Accession Number:
- 0001021771-24-000070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-12 16:36:31
- Reporting Period:
- 2024-03-08
- Accepted Time:
- 2024-03-12 16:36:31
- 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 |
---|---|---|---|---|---|---|---|
1254037 | Richard Soloway | 333 Bayview Avenue Amityville NY 11701 | Pres, Ceo, Chairman, Secy | No | No | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2024-03-08 | 2,000,000 | $40.75 | 1,706,010 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | $22.50 | 2031-10-19 | 100,000 | 100,000 | Direct | |
Common Stock | Employee Stock Option (Right to Buy) | $26.94 | 2032-08-25 | 10,000 | 10,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2031-10-19 | 100,000 | 100,000 | Direct |
2032-08-25 | 10,000 | 10,000 | Direct |
Footnotes
- Pursuant to a Registration Statement on Form S-3 that became effective on March 5, 2024 and an underwriting agreement dated March 5, 2024, Mr. Soloway sold 2,000,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $40.75 per share and Mr. Soloway paid an underwriting discount and commission of $1.01875 per share, resulting in a net price of $39.73125 per share. Mr. Soloway also granted the underwriters a 30-day option to purchase 300,000 additional shares of common stock at the same price and at the same underwriting discount and commission.
- Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
- Exercisable, cumulatively, at 20% per year commencing August 25, 2022.