SEC Form 4 · accession 0001140361-16-056636
INSTEEL INDUSTRIES INC · IIIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H O Woltz III
Officer — Chairman, President and CEO · Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 8:46 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 | Mar 3, 2016 | S | 26,100 | $26.3062 | D | 543,583 | D | |
| Common Stock | Mar 4, 2016 | S | 23,783 | $26.1433 | D | 519,800 | D | |
| Common Stock | Mar 3, 2016 | S | 6,149 | $26.2952 | D | 171,673 | I | Co-trustee of trusts for the benefit of children of H. O. Woltz III and Edwin M Woltz |
| Common Stock | Mar 4, 2016 | S | 12,970 | $26.141 | D | 158,703 | I | co-trustee of Trusts for the Benefit of children of H. O. Woltz III and Edwin M. Woltz |
| Common Stock | Mar 3, 2016 | S | 2,200 | $26.2914 | D | 128,252 | I | Co-trustee of Trusts created by Estate of Howard O. Woltz, Jr. |
| Common Stock | Mar 4, 2016 | S | 5,000 | $26.1438 | D | 123,252 | I | Co-trustee of Trusts created by Estate of Howard O. Woltz, Jr. |
| Common Stock (Restricted Stock Units) | holding | — | — | — | 45,294 | D | ||
| Common Stock | holding | — | — | — | 81,222 | I | co-trustee of Woltz Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $23.95 | holding | — | — | — | — | Feb 11, 2026 | Common Stock | 17,261 | 17,261 | D |
| Stock Option (Right to Buy)F1 | $18.05 | holding | — | — | — | — | Aug 17, 2025 | Common Stock | 22,971 | 22,971 | D |
| Stock Option (Right to Buy)F1 | $21.96 | holding | — | — | — | — | Feb 17, 2025 | Common Stock | 19,355 | 19,355 | D |
| Common Stock (Right to Buy)F1 | $20.50 | holding | — | — | — | — | Aug 12, 2024 | Common Stock | 21,216 | 21,216 | D |
| Common Stock (Right to Buy)F1 | $19.08 | holding | — | — | — | — | Feb 12, 2024 | Common Stock | 21,645 | 21,645 | D |
| Stock Option (Right to Buy)F1 | $17.22 | holding | — | — | — | — | Aug 12, 2023 | Common Stock | 21,583 | 21,583 | D |
| Stock Option (Right to Buy)F1 | $16.45 | holding | — | — | — | — | Feb 12, 2023 | Common Stock | 20,921 | 20,921 | D |
| Stock Option (Right to Buy)F1 | $16.69 | holding | — | — | — | — | Aug 19, 2018 | Common Stock | 15,957 | 15,957 | D |
| Stock Option (Right to Buy)F1 | $17.11 | holding | — | — | — | — | Feb 13, 2017 | Common Stock | 14,395 | 14,395 | D |
| Stock Option (Right to Buy)F1 | $20.27 | holding | — | — | — | — | Aug 13, 2017 | Common Stock | 11,878 | 11,878 | D |
| Stock Option (Right to Buy)F1 | $20.26 | holding | — | — | — | — | Aug 14, 2016 | Common Stock | 6,369 | 6,369 | D |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.