4//SEC Filing
SOLOWAY RICHARD 4
Accession 0001021771-24-000070
CIK 0000069633other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:36 PM ET
Size
7.8 KB
Accession
0001021771-24-000070
Insider Transaction Report
Form 4
SOLOWAY RICHARD
DirectorPresident and Secretary10% Owner
Transactions
- Sale
Common Stock
2024-03-08$40.75/sh−2,000,000$81,500,000→ 1,706,010 total
Holdings
- 10,000
Employee Stock Option (Right to Buy)
Exercise: $26.94Exp: 2032-08-25→ Common Stock (10,000 underlying) - 100,000
Employee Stock Option (Right to Buy)
Exercise: $22.50Exp: 2031-10-19→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Pursuant to a Registration Statement on Form S-3 that became effective on March 5, 2024 and an underwriting agreement dated March 5, 2024, Mr. Soloway sold 2,000,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $40.75 per share and Mr. Soloway paid an underwriting discount and commission of $1.01875 per share, resulting in a net price of $39.73125 per share. Mr. Soloway also granted the underwriters a 30-day option to purchase 300,000 additional shares of common stock at the same price and at the same underwriting discount and commission.
- [F2]Exercisable, cumulatively, at 20% per year commencing October 19, 2021.
- [F3]Exercisable, cumulatively, at 20% per year commencing August 25, 2022.
Documents
Issuer
NAPCO SECURITY TECHNOLOGIES, INC
CIK 0000069633
Entity typeother
Related Parties
1- filerCIK 0001254037
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:36 PM ET
- Size
- 7.8 KB