0001021771-24-000075.txt : 20240314 0001021771-24-000075.hdr.sgml : 20240314 20240314162303 ACCESSION NUMBER: 0001021771-24-000075 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240312 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BUCHEL KEVIN S CENTRAL INDEX KEY: 0001253873 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-10004 FILM NUMBER: 24750522 MAIL ADDRESS: STREET 1: 333 BAYVIEW AVE CITY: AMITYVILLE STATE: NY ZIP: 11701 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAPCO SECURITY TECHNOLOGIES, INC CENTRAL INDEX KEY: 0000069633 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 112277818 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 333 BAYVIEW AVE CITY: AMITYVILLE STATE: NY ZIP: 11701 BUSINESS PHONE: 631-842-9400 MAIL ADDRESS: STREET 1: 333 BAYVIEW AVE CITY: AMITYVILLE STATE: NY ZIP: 11701 FORMER COMPANY: FORMER CONFORMED NAME: NAPCO SECURITY SYSTEMS INC DATE OF NAME CHANGE: 19920703 4 1 form4.xml X0508 4 2024-03-12 0000069633 NAPCO SECURITY TECHNOLOGIES, INC NSSC 0001253873 BUCHEL KEVIN S 333 BAYVIEW AVE AMITYVILLE NY 11701 true true Executive Vice President false Common Stock 2024-03-12 4 S 0 50000 40.361 D 62739 D Employee Stock Option (Right to Buy) 22.495 2031-10-19 Common Stock 97584 97584 D Employee Stock Option (Right to Buy) 26.94 2032-08-25 Common Stock 10000 10000 D 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. /s/ Kevin Buchel 2024-03-14