0001021771-24-000124.txt : 20240508
0001021771-24-000124.hdr.sgml : 20240508
20240508161531
ACCESSION NUMBER: 0001021771-24-000124
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240508
FILED AS OF DATE: 20240508
DATE AS OF CHANGE: 20240508
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SOLOWAY RICHARD
CENTRAL INDEX KEY: 0001254037
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-10004
FILM NUMBER: 24926288
MAIL ADDRESS:
STREET 1: 333 BAYVIEW AVENUE
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
2024-05-08
0000069633
NAPCO SECURITY TECHNOLOGIES, INC
NSSC
0001254037
SOLOWAY RICHARD
333 BAYVIEW AVENUE
AMITYVILLE
NY
11701
true
true
CEO, Chairman, Secy
false
Common Stock
2024-05-08
4
S
0
250000
44.2018
D
1406010
D
Employee Stock Option (Right to Buy)
22.495
2031-10-19
Common Stock
100000
100000
D
Employee Stock Option (Right to Buy)
26.94
2032-08-25
Common Stock
10000
10000
D
The shares described herein are subject to a lockup agreement in connection with that certain Underwriting Agreement, dated March 5, 2024, and were also subject to the option to purchase additional shares pursuant to such Underwriting Agreement. Such shares were not purchased pursuant to this option which has expired in accordance with its terms. The reporting person received prior written consent from the representatives of the underwriters to sell the shares in open market transactions. All other shares remain subject to the lockup agreement.
Represents the weighted average selling price of the shares. Actual selling prices ranged from $44.20 through $44.775 per share. 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.
Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
Exercisable, cumulatively, at 20% per year commencing August 25, 2022.
/s/ Richard Soloway
2024-05-08