James F. Petelle - 06 Sep 2023 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Signature
/s/Elizabeth C. Southern Attorney-in-Fact
Issuer symbol
IIIN
Transactions as of
06 Sep 2023
Net transactions value
-$58,713
Form type
4
Filing time
07 Sep 2023, 14:29:58 UTC
Previous 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 $59,655 +2,027 +11% $29.43 20,708 06 Sep 2023 Direct
transaction IIIN Common Stock Options Exercise $28,042 +1,412 +6.8% $19.86 22,120 06 Sep 2023 Direct
transaction IIIN Common Stock Tax liability $62,338 -1,834 -8.3% $33.99 20,286 06 Sep 2023 Direct
transaction IIIN Common Stock Tax liability $33,854 -996 -4.9% $33.99 19,290 06 Sep 2023 Direct
transaction IIIN Common Stock Sale $1,442 -43 -0.22% $33.53 19,247 06 Sep 2023 Direct
transaction IIIN Common Stock Sale $48,776 -1,456 -7.6% $33.50 17,791 06 Sep 2023 Direct
holding IIIN Restricted Stock Unit 1,274 06 Sep 2023 Direct
holding IIIN Restricted Stock Unit 896 06 Sep 2023 Direct
holding IIIN Restricted Stock Unit 973 06 Sep 2023 Direct
holding IIIN Restricted Stock Unit 1,144 06 Sep 2023 Direct
holding IIIN Restricted Stock Unit 1,239 06 Sep 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 -1,412 -100% $0.000000* 0 06 Sep 2023 Common Stock 1,412 $19.86 Direct F1
transaction IIIN Option (right to buy) Options Exercise $0 -2,027 -67% $0.000000 1,014 06 Sep 2023 Common Stock 2,027 $29.43 Direct F1
holding IIIN Option (right to buy) 2,669 06 Sep 2023 Common Stock 2,669 $32.77 Direct F1
holding IIIN Option (right to buy) 2,427 06 Sep 2023 Common Stock 2,427 $38.54 Direct F1
holding IIIN Option (right to buy) 2,837 06 Sep 2023 Common Stock 2,837 $30.27 Direct F1
holding IIIN Option (right to buy) 2,164 06 Sep 2023 Common Stock 2,164 $41.87 Direct F1
holding IIIN Option (right to buy) 2,633 06 Sep 2023 Common Stock 2,633 $41.85 Direct F1
holding IIIN Option (right to buy) 2,745 06 Sep 2023 Common Stock 2,745 $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.