Filing Details
- Accession Number:
- 0001021771-24-000075
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-14 16:23:03
- Reporting Period:
- 2024-03-12
- Accepted Time:
- 2024-03-14 16:23:03
- 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 | Executive Vice President | 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 | 2024-03-12 | 50,000 | $40.36 | 62,739 | 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 | 97,584 | 97,584 | 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 | 97,584 | 97,584 | Direct |
| 2032-08-25 | 10,000 | 10,000 | Direct |
Footnotes
- The reporting person is a party to a Lock-Up Agreement with the underwriters identified therein pursuant to which he has agreed that, subject to certain exceptions as provided for in the Lock-Up Agreement, he will not dispose of his shares of the Issuer for a period of 90 days from March 5, 2024. The reporting person was permitted to make the sale reflected herein pursuant to an exception provided for in the Lock-Up Agreement which permitted the sale by him of up to 50,000 shares during the lock-up period.
- This transaction was executed in multiple trades at prices ranging from $40.00 to $40.71 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
- Currently exercisable to the extent of 57,584 shares. Exercisable to the extent of 20,000 shares on each of October 19, 2024 and 2025.
- Exercisable, cumulatively, at 20% per year commencing August 25, 2022.
Billionaire Hedge Funds
