BLAUSKIN RANDY B 4
4 · NAPCO SECURITY SYSTEMS INC · Filed Apr 15, 2004
Insider Transaction Report
Form 4
Blaustein Randy B
Director
Transactions
- Exercise/Conversion
NAPCO SECURITY SYSTEMS INC. EMPLOYEE STOCK OPTIONS
2004-04-15$2.06/sh−32,000$66,000→ 8,000 totalExercise: $2.06From: 2000-09-27Exp: 2005-09-27→ NAPCO SECURITY SYSTEMS INC COMMON STOCK (0 underlying) - Exercise/Conversion
NAPCO SECURITY SYSTEMS INC COMMON STOCK
2004-04-15$2.06/sh+32,000$66,000→ 32,000 total
Footnotes (2)
- [F1]AN OPTION TO PURCHASE 20,000 SHARES WAS ISSUED ON 9/27/00 AT $4.125 PER SHARE. DUE TO A STOCK SPLIT THE NUMBER OF SHARES WERE INCREASED TO 40,000 AND THE EXERCISE PRICE WAS ADJUSTED TO $2.0625. ON APRIL 15, 2004, 32,000 SHARES (POST SPLIT) WERE PURCHASED.
- [F2]OPTION TO PURCHASE STOCK IS EXERCISABLE, CUMULATIVELY, AT 20% PER YEAR COMMENCING 9/27/00.