SPINELLI STEPHEN M (Senior VP of Sales) exercised options at NAPCO SECURITY TECHNOLOGIES, INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/13/2024ACC: 0001812385-24-000001
Officer· Senior VP of Sales
Since Apr 2020
-8K
Net shares
Net seller
$360.0K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
35.93K acquired · 43.93K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+35.93K
Price / share
$10.02
Trade value
$360K
% of position
New position
2/9/2024
0.00→35.93K
Common Stock
Direct
Shares
−8K
Price / share
$45.00
Trade value
$360K
% of position
22.3%
2/9/2024
35.93K→27.93K
Total
Net shares
+27.93K
Net value
-$1.44
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 2/9/2024 | M · Option Exercise | +35.93K | $10.02 | $360K | New position | 0.00 | 35.93K |
| Common Stock Direct | 2/9/2024 | F · Tax Withholding | −8K | $45.00 | $360K | 22.3% | 35.93K | 27.93K |
| Total | +27.93K | -$1.44 | ||||||
Derivative Transactions1
Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
35.93K shares
Shares
−35.93K
Strike price
10.02
Held after
23.95K
Exercisable
—
2/9/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Common Stock35.93K shares | 2/9/2024 | M · Option Exercise | −35.93K | 10.02 | — | 23.95K |
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1
Employee Stock Option (Right to Buy)
DirectUnderlying security
Common Stock
Underlying shares
5K
Shares owned
5K
Exercise price
26.94
Expiration
—
Exercise window
—
Total
Underlying
5K
Owned
5K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Common Stock | 26.94 | — | — | 5K | 5K |
| Total | 5K | 5K | ||||