FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Jeffers Richard L 2. Date of Event Requiring Statement (Month/Day/Year) 09/01/2017 3. Issuer Name and Ticker or Trading Symbol NATIONAL PRESTO INDUSTRIES INC [NPK] (Last) (First) (Middle) 3925 N HASTINGS WAY 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice President-Sales 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) EAU CLAIRE, X1 54703 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common stock $1.00 par value 120 (1) D   Common stock $1.00 par value 93 (2) D   Common stock $1.00 par value 89 I 401(k) plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Jeffers Richard L 3925 N HASTINGS WAY EAU CLAIRE, X1 54703	Â	Â	  Vice President-Sales	Â

Signatures

Colleen J Leahy by power of attorney		09/01/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The number stated herein identifies shares of restricted stock granted in accordance with the Incentive Compensation Plan, which was adopted by the shareholders on May 18, 2010 (the "Plan"). Unless vested earlier in accordance with the Plan, these restricted stock shares will vest on March 15, 2021.
(2)	The number stated herein identifies shares of restricted stock granted in accordance with the Incentive Compensation Plan, which was adopted by the shareholders on May 18, 2010 (the "Plan"). Unless vested earlier in accordance with the Plan, these restricted stock shares will vest on March 15, 2022.

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