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