SEC Form 4 · accession 0001140361-16-062066
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
Apr 25, 2016
Accepted (ET)
Apr 26, 2016 · 1:49 pm EDT
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 | Apr 25, 2016 | M | 6,452 | $21.96 | A | 470,056 | D | |
| Common Stock | Apr 25, 2016 | M | 7,072 | $20.50 | A | 477,128 | D | |
| Common Stock | Apr 25, 2016 | M | 10,995 | $20.27 | A | 488,123 | D | |
| Common Stock | Apr 25, 2016 | M | 4,246 | $20.26 | A | 492,369 | D | |
| Common Stock | Apr 25, 2016 | M | 9,053 | $17.11 | A | 501,422 | D | |
| Common Stock | Apr 25, 2016 | M | 14,430 | $19.08 | A | 515,852 | D | |
| Common Stock | Apr 25, 2016 | M | 15,957 | $16.69 | A | 531,809 | D | |
| Common Stock | Apr 25, 2016 | M | 14,842 | $16.45 | A | 546,651 | D | |
| Common Stock | Apr 25, 2016 | M | 14,389 | $17.22 | A | 561,040 | D | |
| Common Stock | Apr 25, 2016 | F | 77,609 | $28.42 | D | 483,431 | D | |
| Common StockF2 | holding | — | — | — | 51,294 | I | Trustee of trusts for the benefit of children of H. O. Woltz III | |
| Common Stock | holding | — | — | — | 120,452 | 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 | $16.45 | Apr 25, 2016 | M | 14,842 | D | — | Feb 12, 2023 | Common Stock | 14,842 | 0 | D |
| Stock Option (Right to Buy)F1 | $17.11 | Apr 25, 2016 | M | 9,053 | D | — | Feb 13, 2017 | Common Stock | 9,053 | 0 | D |
| Stock Option (Right to Buy)F1 | $21.96 | Apr 25, 2016 | M | 6,452 | D | — | Feb 17, 2025 | Common Stock | 6,452 | 12,903 | D |
| Common Stock (Right to Buy)F1 | $20.50 | Apr 25, 2016 | M | 7,072 | D | — | Aug 12, 2024 | Common Stock | 7,072 | 13,144 | D |
| Stock Option (Right to Buy)F1 | $16.69 | Apr 25, 2016 | M | 15,957 | D | — | Aug 19, 2018 | Common Stock | 15,957 | 0 | D |
| Stock Option (Right to Buy)F1 | $20.27 | Apr 25, 2016 | M | 10,995 | D | — | Aug 13, 2017 | Common Stock | 10,995 | 883 | D |
| Stock Option (Right to Buy)F1 | $20.26 | Apr 25, 2016 | M | 4,246 | D | — | Aug 14, 2016 | Common Stock | 4,246 | 2,123 | D |
| Common Stock (Right to Buy)F1 | $19.08 | Apr 25, 2016 | M | 14,430 | D | — | Feb 12, 2024 | Common Stock | 14,430 | 7,215 | D |
| Stock Option (Right to Buy)F1 | $17.22 | Apr 25, 2016 | M | 14,389 | D | — | Aug 12, 2023 | Common Stock | 14,389 | 7,194 | D |
| 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 |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.
- F2The Reporting Person has resigned as trustee of trust for the benefit of the children of Edwin M. Woltz.