Filing Details

Accession Number:
0001254037-20-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-23 16:27:01
Reporting Period:
2020-12-21
Accepted Time:
2020-12-23 16:27:01
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
1254037 Richard Soloway 333 Bayview Avenue
Amityville NY 11701
President, Ceo And Secretary Yes Yes Yes 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 2020-12-21 334,961 $24.70 3,664,831 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents sales of shares of common stock of the Issuer following the full exercise of underwriters' option to purchase 334,961 additional shares in a secondary public offering by Mr. Soloway pursuant to a Registration Statement on Form S-3 that became effective on August 24, 2020 and an underwriting agreement dated December 10, 2020. The shares were sold at a public offering price of $26.00 per share and Mr. Soloway paid an underwriting discount and commission of $1.30 per share, resulting in a net price of $24.70 per share.