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

Role
SVP, Outcomes
Signature
/s/ Christopher E. Ware, attorney-in-fact
Stock symbol
ITRI
Transactions as of
Aug 16, 2024
Transactions value $
-$98,010
Form type
4
Date filed
8/19/2024, 03:39 PM
Previous filing
May 28, 2024
Next filing
Aug 23, 2024

Transactions Table

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 -3.3K -100% $0.00* 0 Aug 16, 2024 Common Stock 3.3K $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.