Donald L. Reeves III - Aug 22, 2024 Form 4 Insider Report for ITRON, INC. (ITRI)

Signature
/s/ Christopher E. Ware, attorney-in-fact
Stock symbol
ITRI
Transactions as of
Aug 22, 2024
Transactions value $
-$57,803
Form type
4
Date filed
8/23/2024, 11:40 AM
Previous filing
Aug 19, 2024
Next filing
Aug 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITRI Common Stock Options Exercise $227K +2.6K +15.98% $87.27 18.9K Aug 22, 2024 Direct
transaction ITRI Common Stock Sale -$263K -2.6K -13.78% $101.00 16.3K Aug 22, 2024 Direct F1
transaction ITRI Common Stock Options Exercise $141K +1.61K +9.9% $87.27 17.9K Aug 22, 2024 Direct
transaction ITRI Common Stock Sale -$163K -1.61K -9% $101.00 16.3K Aug 22, 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 -2.6K -61.76% $0.00 1.61K Aug 22, 2024 Common Stock 2.6K $87.27 Direct F2, F3
transaction ITRI Stock Option (Right to Buy) Options Exercise $0 -1.61K -100% $0.00 0 Aug 22, 2024 Common Stock 1.61K $87.27 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 February 20, 2023.