James F. Petelle - 03 Aug 2023 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Signature
/s/PETELLE JAMES F
Issuer symbol
IIIN
Transactions as of
03 Aug 2023
Net transactions value
-$10,193
Form type
4
Filing time
07 Aug 2023, 16:19:34 UTC
Previous filing
08 Jun 2023
Next filing
14 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IIIN Common Stock Options Exercise $74,708 +3,382 +20% $22.09 19,917 03 Aug 2023 Direct
transaction IIIN Common Stock Tax liability $84,902 -2,618 -13% $32.43 17,299 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 1,888 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 1,274 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 896 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 973 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 1,144 03 Aug 2023 Direct
holding IIIN Restricted Stock Unit 1,239 03 Aug 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 -3,382 -100% $0.000000* 0 03 Aug 2023 INSTEEL INDUSTRIES INC 3,382 $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.