Company: NSSC
Filing Date: 2025-10-24
Form Type: DEF 14A
Source: 0001140361-25-039260
Chunk: 16

Company: NAPCO SECURITY TECHNOLOGIES, INC
Filing Date: 2025-10-24
Form: DEF 14A
Chunk 16
---
              |   399,912 |     |           |
| Andrew J. Vuono,(4)                                                                    
 Chief Financial officer (since May 2025) and                                           
 Chief Accounting Officer (since June 2024)                                             |      |     |   2025 |         |     | 350,000 |         |     |  152,641 |           |     | —         |        |     |        5,442 |           |     |   508,083 |
|                                                                                        | 2024 |     |        |  20,192 |     |         |  35,000 |     |          |   508,600 |     |           |    303 |     |              |   564,095 |     |           |

| (1) | Bonuses reflects discretionary bonuses awarded to each officer following the fiscal year as determined by the Compensation Committee. |

| (2) | Amounts reflect the aggregate grant date fair value of all option awards granted during the fiscal years ended June 30, 2025, June 30, 2024, and June 30, 2023, calculated in accordance with FASB ASC Topic 718. Assumptions used in the calculation of these amounts are included in footnote 10 to the Notes to Consolidated Financial Statements contained in the Company’s Form 10-K for the year ended June 30, 2025. Options listed for fiscal 2024 were granted in May of 2024 in connection with promotions of Messrs. Buchel and Carrieri as determined by the Compensation Committee. Options listed for fiscal 2024 were granted in June of 2024 in connection with the hiring of Mr. Vuono as determined by the Compensation Committee. All options were granted at an exercise price equal to the closing price of the Company’s common stock on the date of grant and vest 20% on the grant date and 20% of each of the four anniversary dates of the grant. |

| (3) | All other compensation for Mr. Soloway for fiscal 2025 included payment of health and life insurance premiums of $35,902, automobile expenses of $6,885 and Company discretionary matching contributions of $4,575. All other compensation for Mr. Soloway for fiscal 2024 included payment of health and life insurance premiums of $40,710, automobile expenses of $19,180 and Company discretionary matching contributions of $4,575. All other compensation for Mr