Mark A. Carano - Dec 5, 2022 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role
Senior Vice President and CFO
Signature
James F. Petelle for Mark A Carano
Stock symbol
IIIN
Transactions as of
Dec 5, 2022
Transactions value $
$93,501
Form type
4
Date filed
12/7/2022, 07:26 AM
Previous filing
Aug 16, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIN Common Stock Options Exercise $93.5K +4.71K $19.86 4.71K Dec 5, 2022 Direct
holding IIIN Common Stock (Restricted Stock Units) 10.3K Dec 5, 2022 Direct

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 Stock Option (Right to Buy) Options Exercise $0 -4.71K -66.67% $0.00 2.35K Dec 5, 2022 Common Stock 7.06K $19.86 Direct F1
holding IIIN Stock Option (Right to Buy) 4.45K Dec 5, 2022 Common Stock 4.45K $32.77 Direct F1
holding IIIN Stock Option (Right to Buy) 4.05K Dec 5, 2022 Common Stock 4.05K $38.54 Direct F1
holding IIIN Stock Option (Right to Buy) 3.61K Dec 5, 2022 Common Stock 3.61K $41.87 Direct F1
holding IIIN Stock Option (Right to Buy) 5.07K Dec 5, 2022 Common Stock 5.07K $29.43 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.