James R. York - 13 Aug 2024 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role
Senior Vice President
Signature
/s/ Elizabeth Southern
Issuer symbol
IIIN
Transactions as of
13 Aug 2024
Net transactions value
$0
Form type
4
Filing time
14 Aug 2024, 16:40:21 UTC
Previous filing
20 Feb 2024
Next filing
20 Aug 2024
SEC
View on sec.gov

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 +2,898 $0.000000 2,898 13 Aug 2024 Common Stock 2,898 $31.94 Direct F1
transaction IIIN Restricted Stock Units Award $0 +1,174 $0.000000 1,174 13 Aug 2024 Common Stock 1,174 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.