SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Napco Security Technologies, Inc.
......................................................
(Name of Issuer)
Common Stock
......................................................
(Title of Class of Securities)
630402105
......................................................
(CUSIP Number)
December 31, 2009
........................................................
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant
to which this Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
CUSIP No. 630402105
(1)Names of reporting persons.
Alexander Capital Advisors, LLC
(2) Check the appropriate box if a member of a group (see instructions) N/A
(a)
(b)
(3) SEC use only
(4) Citizenship or place of organization
Connecticut
Number of shares beneficially owned by each reporting person with:
(5)Sole voting power 451,800
(6)Shared voting power 0
(7)Sole dispositive power 1,528,150
(8)Shared dispositive power 0
(9)Aggregate amount beneficially owned by each reporting person 1,528,150
(10)Check if the aggregate amount in Row (9) excludes certain shares
(see instructions) N/A
(11)Percent of class represented by amount in Row 9 8.0%
(12)Type of reporting person
IA
Item 1.
Item 1(a) Name of issuer:
Napco Security Technologies, Inc.
Item 1(b) Address of issuer's principal executive offices:
333 Bayview Ave.
Amityville, NY 11701
Item 2.
2(a) Name of person filing:
Alexander Capital Advisors, LLC
2(b) Address or principal business office or, if none, residence:
111 Elm Street
New Canaan, CT 06840
2(c) Citizenship: Connecticut
2(d) Title of class of securities: Common Stock
2(e) CUSIP No.: 630402105
Item 3.
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c),
check whether the person filing is a:
a. [ ] Broker or dealer registered under Section 15 of the Act.
b. [ ] Bank as defined in Section 3(a)(6) of the Act.
c. [ ] Insurance company as defined in Section 3(a)(19) of the Act.
d. [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940.
e. [x] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
f. [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
g. [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
h. [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
i. [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940;
j. [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
a. Amount beneficially owned: 1,528,150
b. Percent of class 8.0%
c. Number of shares as to which such person has:
i. Sole power to vote or to direct the vote 451,800
ii. Shared power to vote or to direct the vote 0
iii. Sole power to dispose or to direct the disposition of 1,528,150
iv. Shared power to dispose or to direct the disposition of 0
Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being
filed to report the fact that as of the date hereof the reporting person
has ceased to be the beneficial owner of more than 5 percent of the
class of securities, check the following [ ]. N/A
Item 6. Ownership of More than 5 Percent on Behalf of Another Person N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding
Company or Control Person. N/A
Item 8. Identification and Classification of Members of the Group N/A
Item 9. Notice of Dissolution of Group N/A
Item 10. Certifications
a. The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction
having that purpose or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Dated: February 1, 2010
Alexander Capital Advisors, LLC
By: /s/ Thomas F. Paolozzi III
Signature
Thomas F. Paolozzi III/Managing Member
Name/Title
The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his authorized
representative other than an executive officer or general partner
of the filing person, evidence of the representative's authority
to sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose which
is already on file with the Commission may be incorporated by
reference. The name and any title of each person who signs the
statement shall be typed or printed beneath his signature.
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule
13d-7for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (see 18 U.S.C. 1001).