Richard Wagner - Aug 3, 2023 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role
Senior Vice President and COO
Signature
/s/James F. Petelle Attorney-in-Fact
Stock symbol
IIIN
Transactions as of
Aug 3, 2023
Transactions value $
-$35,026
Form type
4
Date filed
8/7/2023, 04:27 PM
Previous filing
Feb 15, 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 $51.4K +2.59K +6.29% $19.86 43.7K Aug 3, 2023 Direct
transaction IIIN Common Stock Options Exercise $54.7K +1.86K +4.25% $29.43 45.6K Aug 3, 2023 Direct
transaction IIIN Common Stock Options Exercise $64.4K +3.53K +7.74% $18.25 49.1K Aug 3, 2023 Direct
transaction IIIN Common Stock Options Exercise $68.5K +3.1K +6.31% $22.09 52.2K Aug 3, 2023 Direct
transaction IIIN Common Stock Tax liability -$60.9K -1.88K -3.6% $32.43 50.3K Aug 3, 2023 Direct
transaction IIIN Common Stock Tax liability -$56.3K -1.74K -3.45% $32.43 48.6K Aug 3, 2023 Direct
transaction IIIN Common Stock Tax liability -$79K -2.44K -5.01% $32.43 46.2K Aug 3, 2023 Direct
transaction IIIN Common Stock Tax liability -$77.8K -2.4K -5.2% $32.43 43.8K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 3.46K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 2.34K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.64K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 1.78K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 2.1K Aug 3, 2023 Direct
holding IIIN Restricted Stock Unit 2.27K Aug 3, 2023 Direct
holding IIIN Common Stock 1.7K Aug 3, 2023 Held in 401(K) Account

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 -3.53K -100% $0.00* 0 Aug 3, 2023 INSTEEL INDUSTRIES INC 3.53K $18.25 Direct F1
transaction IIIN Option (right to buy) Options Exercise $0 -3.1K -100% $0.00* 0 Aug 3, 2023 INSTEEL INDUSTRIES INC 3.1K $22.09 Direct F1
transaction IIIN Option (right to buy) Options Exercise $0 -2.59K -50% $0.00 2.59K Aug 3, 2023 INSTEEL INDUSTRIES INC 2.59K $19.86 Direct F1
transaction IIIN Option (right to buy) Options Exercise $0 -1.86K -49.99% $0.00 1.86K Aug 3, 2023 INSTEEL INDUSTRIES INC 1.86K $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.