Buchel Kevin S's Form 4/A amendment
AmendedNapco Security Technologies, Inc (NSSC) · filed Feb 14, 2024
- Accession no.
- 0001253873-24-000003
- Filed
- Feb 14, 2024
- Trade date
- Feb 9-12, 2024
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Feb 13, 2024
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $448.0K. It was filed 5 days after the trade.
This amendment replaces 0001253873-24-000002 (filed Feb 13, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Buchel Kevin SCIK 0001253873 | Director, Officer (Executive Vice President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2024 | Common Stock | MOption exerciseAcquired | +1,600 | $15.27 | +$24,432 | 119,086 | Direct | |
| Feb 9, 2024 | Common Stock | FTax withholdingDisposed | −543 | $45.00 | −$24,435 | 118,543 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseAcquired | +2,416 | $22.50 | +$54,360 | 120,959 | Direct | |
| Feb 9, 2024 | Common Stock | FTax withholdingDisposed | −1,207 | $45.00 | −$54,315 | 119,752 | Direct | |
| Feb 12, 2024 | Common Stock | MOption exerciseAcquired | +4,000 | $11.68 | +$46,720 | 123,752 | Direct | |
| Feb 12, 2024 | Common Stock | FTax withholdingDisposed | −1,013 | $46.11 | −$46,709.43 | 122,739 | Direct | |
| Feb 12, 2024 | Common Stock | SSaleDisposed | −10,000 | $44.80F2 | −$448,000 | 112,739 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 9, 2024 | Common Stock | MOption exerciseDisposed | −1,600 | $0.00 | $0 | 0 | Direct | |
| Feb 12, 2024 | Common Stock | MOption exerciseDisposed | −4,000 | $0.00 | $0 | 0 | Direct | |
| Feb 9, 2024 | Common Stock | MOption exerciseDisposed | −2,416 | $0.00 | $0 | 97,584 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents shares owned by the reporting person and used to pay the exercise price.
- F2
Represents the weighted average selling price of the shares. Actual selling prices ranged from $44.665 through $44.95.
Referenced by the price of 1 transaction in Table I.
- F3
Currently exercisable
- F4
Currently exercisable to the extent of 2,416 shares. Exercisable to the extent of 20,000 shares on October 19, 2024.
- F5
Exercisable, cumulatively, at 20% per year commencing August 25, 2022.
Remarks
This Form 4A is only to amend the relationship of the reporting persons to the issuer. Previously it was listed as a officer only. Relationship of the reporting person to the issuer should be Officer and Director. Additionally, the title of the reporting person was amended from Chief Financial Officer to Executive Vice President.