Elizabeth Southern - Aug 13, 2024 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role
VP, Secretary and CLO
Signature
/s/ Elizabeth Southern
Stock symbol
IIIN
Transactions as of
Aug 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/14/2024, 04:38 PM
Previous filing
Feb 15, 2024

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 IIIN Option (right to buy) Award $0 +2.9K $0.00 2.9K Aug 13, 2024 Common Stock 2.9K $31.94 Direct F1
transaction IIIN Restricted Stock Units Award $0 +1.17K $0.00 1.17K Aug 13, 2024 Common Stock 1.17K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest 1/3 annually beginning one year from grant date.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 The Restricted Stock Units vest on August 13, 2027.