Donald L. Reeves III - 16 Aug 2024 Form 4 Insider Report for ITRON, INC. (ITRI)

Signature
/s/ Christopher E. Ware, attorney-in-fact
Issuer symbol
ITRI
Transactions as of
16 Aug 2024
Net transactions value
-$98,010
Form type
4
Filing time
19 Aug 2024, 15:39:37 UTC
Previous filing
28 May 2024
Next filing
23 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRI Common Stock Options Exercise $218,790 +3,300 +20% $66.30 19,569 16 Aug 2024 Direct
transaction ITRI Common Stock Sale $316,800 -3,300 -17% $96.00 16,269 16 Aug 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ITRI Stock Option (Right to Buy) Options Exercise $0 -3,300 -100% $0.000000* 0 16 Aug 2024 Common Stock 3,300 $66.30 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents number of shares sold under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on May 14, 2024.
F2 Represents number of options exercised under a Rule 10b5-1 Trading Plan adopted by Mr. Reeves on May 14, 2024.
F3 This option became fully vested on September 12, 2021.