SEC Form 4 · accession 0001140361-16-079334
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
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 2:30 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 | Sep 7, 2016 | M | 6,393 | $16.45 | A | 73,684 | D | |
| Common Stock | Sep 7, 2016 | M | 7,138 | $17.22 | A | 80,822 | D | |
| Common Stock | Sep 7, 2016 | F | 9,993 | $33.72 | D | 70,829 | D | |
| Common Stock | Sep 8, 2016 | M | 2,167 | $16.45 | A | 72,996 | D | |
| Common Stock | Sep 8, 2016 | S | 5,705 | $33.578 | D | 67,291 | D | |
| Common Stock | Sep 9, 2016 | M | 1,029 | $16.45 | A | 68,320 | D | |
| Common Stock | Sep 9, 2016 | M | 2,754 | $17.22 | A | 71,074 | D | |
| Common Stock | Sep 9, 2016 | S | 3,783 | $33.066 | D | 67,291 | D | |
| Common Stock (Restricted Stock Units) | holding | — | — | — | 18,761 | D |
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 | $17.22 | Sep 9, 2016 | M | 9,892 | D | — | Aug 12, 2023 | Common Stock | 9,892 | 0 | D |
| Stock Option (Right to Buy)F1 | $16.45 | Sep 9, 2016 | M | 9,589 | D | — | Feb 12, 2023 | Common Stock | 9,589 | 0 | D |
| Stock Option (Right to Buy)F1 | $34.49 | holding | — | — | — | — | Aug 11, 2026 | Common Stock | 5,942 | 5,942 | 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 |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.