Buchel Kevin S's Form 4 filing
Napco Security Technologies, Inc (NSSC) · filed Feb 15, 2023
- Accession no.
- 0001567619-23-003052
- Filed
- Feb 15, 2023
- Trade date
- Feb 13-15, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions. Open-market sales total $3.15M. It was filed 2 days after the trade.
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.
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
Pursuant to a Registration Statement on Form S-3 that became effective on September 12, 2022 and an underwriting agreement dated February 8, 2023, Mr. Buchel sold 87,500 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $31.50 per share and Mr. Buchel paid an underwriting discount and commission of $0.63 per share, resulting in a net price of $30.87 per share. Mr. Buchel also granted the underwriters a 30-day option to purchase 12,500 additional shares of common stock at the same price and at the same underwriting discount and commission. On February 15, 2023, Mr. Buchel sold such shares pursuant to an exercise in full by the underwriters of such option.
Referenced by the price of 2 transactions in Table I.