0001254037-13-000001.txt : 20130918
0001254037-13-000001.hdr.sgml : 20130918
20130918172521
ACCESSION NUMBER: 0001254037-13-000001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130916
FILED AS OF DATE: 20130918
DATE AS OF CHANGE: 20130918
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NAPCO SECURITY TECHNOLOGIES, INC
CENTRAL INDEX KEY: 0000069633
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
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
STREET 2: XXXXXXXXXXXXXXXXXXX
CITY: AMITYVILLE
STATE: NY
ZIP: 11701
FORMER COMPANY:
FORMER CONFORMED NAME: NAPCO SECURITY SYSTEMS INC
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SOLOWAY RICHARD
CENTRAL INDEX KEY: 0001254037
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-10004
FILM NUMBER: 131104193
MAIL ADDRESS:
STREET 1: 333 BAYVIEW AVENUE
CITY: AMITYVILLE
STATE: NY
ZIP: 11701
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2013-09-16
0
0000069633
NAPCO SECURITY TECHNOLOGIES, INC
NSSC
0001254037
SOLOWAY RICHARD
333 BAYVIEW AVENUE
AMITYVILLE
NY
11701
1
1
1
0
President and Secretary
NAPCO Security Technologies, Inc.
2013-09-16
4
F
0
49524
5.7
D
6122658
D
NAPCO Security Technologies, Inc.
2013-09-16
4
M
0
135000
2.091
A
6257658
D
NAPCO Security Technologies, Inc.
2013-09-16
4
D
0
50000
5.7
D
6207658
D
NAPCO Security Systems, Inc. Employee Stock Options
2.091
2013-09-16
4
M
0
135000
2.091
D
2004-03-19
2014-03-19
NAPCO Security Technologies, Inc.
0
0
D
Mr. Soloway exercised 135,000 stock options, which were set to expire on March 19, 2014. Mr. Soloway exchanged 49,524 shares of NAPCO stock he presently owned, as payment for the exercise of the aforementioned 135,000 stock options. In addition, Mr. Soloway sold 50,000 shares of NAPCO stock that he just received from the stock option exercise, back to the Company, whose proceeds will be used to cover the anticipated tax liability associated with the stock option exercise. The end result of these transactions is Mr. Soloway owns 35,476 additional shares or total shares of 6,207,658.
Stock Options were awarded on March 19, 2004 and were exercisable at 20% per year commencing on March 19, 2004. These stock options have a 10 year life and were due to expire on March 19, 2014.
Richard Soloway
2013-09-18