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

Role
Senior Vice President and COO
Signature
/s/ Elizabeth C. Southern, Attorney-in-Fact
Stock symbol
IIIN
Transactions as of
Aug 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/14/2024, 04:41 PM
Previous filing
Mar 4, 2024
Next filing
Aug 20, 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 +5.31K $0.00 5.31K Aug 13, 2024 Common Stock 5.31K $31.94 Direct F1
transaction IIIN Restricted Stock Units Award $0 +2.15K $0.00 2.15K Aug 13, 2024 Common Stock 2.15K 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 will vest on August 13, 2027.