SEC Form 4 · accession 0001567619-18-001251
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
Aug 14, 2018
Accepted (ET)
Aug 16, 2018 · 10:49 am 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 | Aug 14, 2018 | M | 4,878 | $20.50 | A | 509,322 | D | |
| Common Stock | Aug 14, 2018 | M | 4,553 | $21.96 | A | 513,875 | D | |
| Common Stock | Aug 14, 2018 | S | 3,700 | $42.296 | D | 510,175 | D | |
| Common Stock | Aug 15, 2018 | S | 20,335 | $40.72 | D | 489,840 | D | |
| Common Stock | Aug 16, 2018 | S | 184 | $40.71 | D | 489,656 | D | |
| Common Stock (Restricted Stock Units) | holding | — | — | — | 37,212 | D | ||
| Common Stock | holding | — | — | — | 113,328 | I | Co-trustee of Trusts created by Estate of Howard O. Woltz, Jr. | |
| Common Stock | holding | — | — | — | 54,798 | I | Trustee of trusts for the benefit of children of H. O. Woltz III | |
| Common Stock | holding | — | — | — | 61,222 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right to Buy)F1 | $20.50 | Aug 14, 2018 | M | 4,878 | D | — | Aug 12, 2024 | Common Stock | 4,878 | 0 | D |
| Stock Option (Right to Buy)F1 | $21.96 | Aug 14, 2018 | M | 4,553 | D | — | Feb 17, 2025 | Common Stock | 4,553 | 0 | D |
| Stock Option (Right to Buy)F1 | $41.85 | holding | — | — | — | — | Aug 13, 2028 | Common Stock | 10,534 | 10,534 | D |
| Stock Option (Right to Buy)F1 | $34.49 | holding | — | — | — | — | Aug 11, 2026 | Common Stock | 8,643 | 8,643 | D |
| Stock Option (Right to Buy)F1 | $18.05 | holding | — | — | — | — | Aug 17, 2025 | Common Stock | 7,657 | 7,657 | D |
| Stock Option (Right to Buy)F1 | $23.95 | holding | — | — | — | — | Feb 11, 2026 | Common Stock | 5,754 | 5,754 | D |
| Stock Option (Right to Buy)F1 | $29.69 | holding | — | — | — | — | Feb 13, 2028 | Common Stock | 14,340 | 14,340 | D |
| Common Stock (Right to Buy)F1 | $37.06 | holding | — | — | — | — | Feb 7, 2027 | Common Stock | 10,981 | 10,981 | D |
| Stock Option (Right to Buy)F1 | $26.75 | holding | — | — | — | — | Aug 7, 2027 | Common Stock | 16,094 | 16,094 | D |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.