James F. Petelle - Aug 3, 2023 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role
VP and Asst. Secretary
Signature
/s/PETELLE JAMES F
Stock symbol
IIIN
Transactions as of
Aug 3, 2023
Transactions value $
-$10,193
Form type
4
Date filed
8/7/2023, 04:19 PM
Previous filing
Jun 8, 2023
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIN Common Stock Options Exercise $74.7K +3.38K +20.45% $22.09 19.9K Aug 3, 2023 Direct
transaction IIIN Common Stock Tax liability -$84.9K -2.62K -13.14% $32.43 17.3K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.89K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.27K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 896 Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 973 Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.14K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.24K Aug 3, 2023 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 Option (right to buy) Options Exercise $0 -3.38K -100% $0.00* 0 Aug 3, 2023 INSTEEL INDUSTRIES INC 3.38K $22.09 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.