SEC Form 4 · accession 0001567619-19-003455
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 11, 2019
Accepted (ET)
Feb 13, 2019 · 10:02 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 11, 2019 | F | 785 | $21.41 | D | 32,558 | D | |
| Common Stock (Restricted Stock Units) | Feb 12, 2019 | A | 3,187 | $0.00 | A | 13,564 | 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 BuyF1 | $21.57 | Feb 12, 2019 | A | 8,637 | A | — | Feb 12, 2029 | Common Stock | 8,637 | 8,637 | D |
| Stock Option (Right to Buy)F1 | $18.05 | holding | — | — | — | — | Aug 17, 2025 | Common Stock | 3,509 | 3,509 | D |
| Stock Option (Right to Buy)F1 | $23.95 | holding | — | — | — | — | Feb 11, 2026 | Common Stock | 2,637 | 2,637 | D |
| Stock Option (Right to Buy)F1 | $41.85 | holding | — | — | — | — | Aug 13, 2028 | Common Stock | 4,828 | 4,828 | D |
| Stock Option (Right to Buy)F1 | $29.69 | holding | — | — | — | — | Feb 13, 2028 | Common Stock | 6,573 | 6,573 | D |
| Stock Option (Right to Buy)F1 | $26.75 | holding | — | — | — | — | Aug 7, 2027 | Common Stock | 7,377 | 7,377 | D |
| Stock Option (Right to Buy)F1 | $37.06 | holding | — | — | — | — | Feb 7, 2027 | Common Stock | 5,033 | 5,033 | D |
| Stock Option (Right to Buy)F1 | $34.49 | holding | — | — | — | — | Aug 11, 2026 | Common Stock | 5,942 | 5,942 | D |
Explanation of responses
- F1Options vest 1/3 annually beginning one year from grant date.