H. O. Woltz III - Aug 12, 2022 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Signature
James F. Petelle for H. O. Woltz III
Stock symbol
IIIN
Transactions as of
Aug 12, 2022
Transactions value $
-$72,434
Form type
4
Date filed
8/15/2022, 10:05 AM
Previous filing
Feb 16, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIN Common Stock Tax liability -$72.4K -2.23K -0.44% $32.54 505K Aug 12, 2022 Direct
holding IIIN Common Stock - Restricted Stock Units 26.9K Aug 12, 2022 Direct
holding IIIN Common Stock 113K Aug 12, 2022 Co-trustee of Trusts created by Estate of Howard O. Woltz, Jr.
holding IIIN Common Stock 57.3K Aug 12, 2022 Co-trustee of Woltz Foundation

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
holding IIIN Stock Option (Right to Buy) 9.71K Aug 12, 2022 Common Stock 9.71K $38.54 Direct F1
holding IIIN Stock Option (Right to Buy) 8.66K Aug 12, 2022 Common Stock 8.66K $41.87 Direct F1
holding IIIN Stock Option (Right to Buy) 6.28K Aug 12, 2022 Common Stock 6.28K $21.57 Direct F1
holding IIIN Stock Option (Right to Buy) 15.4K Aug 12, 2022 Common Stock 15.4K $18.25 Direct F1
holding IIIN Stock Option (Right to Buy) 13.5K Aug 12, 2022 Common Stock 13.5K $22.09 Direct F1
holding IIIN Stock Option (Right to Buy) 16.9K Aug 12, 2022 Common Stock 16.9K $19.86 Direct F1
holding IIIN Stock Option (Right to Buy) 10.5K Aug 12, 2022 Common Stock 10.5K $41.85 Direct F1
holding IIIN Stock Option (Right to Buy) 8.64K Aug 12, 2022 Common Stock 8.64K $34.49 Direct F1
holding IIIN Stock Option (Right to Buy) 14.3K Aug 12, 2022 Common Stock 14.3K $29.69 Direct F1
holding IIIN Stock Option (Right to Buy) 11K Aug 12, 2022 Common Stock 11K $37.06 Direct F1
* 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.