SEC Form 4 · accession 0001140361-16-054301
INSTEEL INDUSTRIES INC · IIIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael C Gazmarian
Officer — Vice President and CFO
Period of report
Feb 19, 2016
Accepted (ET)
Feb 22, 2016 · 3:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764401
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2016 | M | 8,604 | $7.55 | A | 146,340 | D | |
| Common Stock | Feb 19, 2016 | M | 10,299 | $9.16 | A | 156,639 | D | |
| Common Stock | Feb 19, 2016 | M | 7,800 | $9.39 | A | 164,439 | D | |
| Common Stock | Feb 19, 2016 | M | 6,502 | $11.15 | A | 170,941 | D | |
| Common Stock | Feb 19, 2016 | M | 7,321 | $11.60 | A | 178,262 | D | |
| Common Stock | Feb 19, 2016 | M | 4,876 | $16.69 | A | 183,138 | D | |
| Common Stock | Feb 19, 2016 | M | 824 | $17.11 | A | 183,962 | D | |
| Common Stock | Feb 19, 2016 | P | 2,549 | $20.27 | A | 186,511 | D | |
| Common Stock | Feb 19, 2016 | S | 48,775 | $25.3314 | D | 137,736 | D | |
| Common Stock (Restricted Stock Units) | holding | — | — | — | 20,760 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (Right to Buy) (Common Stock)F1 | $9.39 | Feb 19, 2016 | M | 7,800 | D | — | Feb 9, 2020 | Common Stock | 7,800 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $7.55 | Feb 19, 2016 | M | 8,604 | D | — | Feb 10, 2019 | Common Stock | 8,604 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $16.69 | Feb 19, 2016 | M | 4,876 | D | — | Aug 19, 2018 | Common Stock | 4,876 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $17.11 | Feb 19, 2016 | M | 824 | D | — | Feb 13, 2017 | Common Stock | 824 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $20.27 | Feb 19, 2016 | M | 2,549 | D | — | Aug 13, 2017 | Common Stock | 2,549 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $11.15 | Feb 19, 2016 | M | 6,502 | D | — | Feb 19, 2018 | Common Stock | 6,502 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $9.16 | Feb 19, 2016 | M | 10,299 | D | — | Aug 9, 2020 | Common Stock | 10,299 | 5,150 | D |
| Incentive Stock Option (Right to Buy)F1 | $11.60 | Feb 19, 2016 | M | 7,321 | D | — | Aug 10, 2019 | Common Stock | 7,321 | 3,661 | D |
| Stock Option (Right to Buy)F1 | $23.95 | holding | — | — | — | — | Feb 11, 2026 | Common Stock | 7,911 | 7,911 | D |
| Stock Option (Right to Buy)F1 | $18.05 | holding | — | — | — | — | Aug 17, 2025 | Common Stock | 10,528 | 10,528 | D |
| Stock Option (Right to Buy)F1 | $21.96 | holding | — | — | — | — | Feb 17, 2025 | Common Stock | 8,871 | 8,871 | D |
| Stock Option (Right to Buy)F1 | $20.50 | holding | — | — | — | — | Aug 12, 2024 | Common Stock | 9,724 | 9,724 | D |
| Stock Option (Right to Buy)F1 | $19.08 | holding | — | — | — | — | Feb 12, 2024 | Common Stock | 9,921 | 9,921 | D |
| Stock Option (Right to Buy)F1 | $17.22 | holding | — | — | — | — | Aug 12, 2023 | Common Stock | 9,892 | 9,892 | D |
| Stock Option (Right to Buy)F1 | $16.45 | holding | — | — | — | — | Feb 12, 2023 | Common Stock | 9,589 | 9,589 | D |
| Stock Option (Right to Buy)F1 | $10.23 | holding | — | — | — | — | Aug 21, 2022 | Common Stock | 15,110 | 15,110 | D |
| Stock Option (Right to Buy)F1 | $13.06 | holding | — | — | — | — | Feb 21, 2022 | Common Stock | 11,345 | 11,345 | D |
| Stock Option (Right to Buy)F1 | $10.72 | holding | — | — | — | — | Aug 8, 2021 | Common Stock | 14,175 | 14,175 | D |
| Stock Option (Right to Buy)F1 | $12.43 | holding | — | — | — | — | Feb 8, 2021 | Common Stock | 11,732 | 11,732 | D |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.