SEC Form 4 · accession 0001140361-16-055961
INSTEEL INDUSTRIES INC · IIIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C Gazmarian
Officer — Vice President and CFO
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 10:16 am 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 29, 2016 | M | 5,150 | $9.16 | A | 142,886 | D | |
| Common Stock | Feb 29, 2016 | M | 2,560 | $10.23 | A | 145,446 | D | |
| Common Stock | Feb 29, 2016 | S | 7,710 | $26.263 | D | 137,736 | D | |
| Common Stock | Mar 1, 2016 | M | 2,386 | $10.23 | A | 140,122 | D | |
| Common Stock | Mar 1, 2016 | M | 4,726 | $10.72 | A | 144,848 | D | |
| Common Stock | Mar 1, 2016 | M | 3,661 | $11.60 | A | 148,509 | D | |
| Common Stock | Mar 1, 2016 | M | 4,413 | $12.43 | A | 152,922 | D | |
| Common Stock | Mar 1, 2016 | M | 3,838 | $13.06 | A | 156,760 | D | |
| Common Stock | Mar 1, 2016 | S | 19,024 | $26.104 | 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)F1 | $9.16 | Feb 29, 2016 | M | 5,150 | D | — | Aug 9, 2020 | Common Stock | 5,150 | 0 | D |
| Stock Option (Right to Buy)F1 | $10.23 | Feb 29, 2016 | M | 4,946 | D | — | Aug 21, 2022 | Common Stock | 4,946 | 0 | D |
| Stock Option (Right to Buy)F1 | $10.72 | Mar 1, 2016 | M | 4,726 | D | — | Aug 8, 2021 | Common Stock | 4,726 | 0 | D |
| Stock Option (Right to Buy)F1 | $12.43 | Mar 1, 2016 | M | 4,413 | D | — | Feb 8, 2021 | Common Stock | 4,413 | 0 | D |
| Stock Option (Right to Buy)F1 | $13.06 | Mar 1, 2016 | M | 3,838 | D | — | Feb 21, 2022 | Common Stock | 3,838 | 0 | D |
| Incentive Stock Option (Right to Buy)F1 | $11.60 | Mar 1, 2016 | M | 3,661 | D | — | Aug 10, 2019 | Common Stock | 3,661 | 0 | 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 |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.