Scot R. Jafroodi - Nov 15, 2023 Form 4 Insider Report for INSTEEL INDUSTRIES INC (IIIN)

Role: VP, CFO and Treasurer
Signature: /s/Elizabeth C. Southern Attorney-in-Fact
Stock symbol: IIIN
Transactions as of: Nov 15, 2023
Transactions value $: -$9,450
Form type: 4
Date filed: 11/16/2023, 10:06 AM
Previous filing: Aug 16, 2023
Next filing: Feb 15, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IIIN	Common Stock	Options Exercise	$75.8K	+3.17K	+7.93%	$23.95	43.1K	Nov 15, 2023	Direct
transaction	IIIN	Common Stock	Tax liability	-$85.3K	-2.49K	-5.79%	$34.21	40.6K	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						934	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						657	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						714	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						1.14K	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						2.07K	Nov 15, 2023	Direct
holding	IIIN	Restricted Stock Unit						2.02K	Nov 15, 2023	Direct

Showing 1 to 8 of 8 entries

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IIIN	Option (right to buy)	Options Exercise	$0	-3.17K	-100%	$0.00^*	0	Nov 15, 2023	Common Stock	3.17K	$23.95	Direct	F1
holding	IIIN	Option (right to buy)						2.67K	Nov 15, 2023	Common Stock	2.67K	$32.77	Direct	F1
holding	IIIN	Option (right to buy)						4.73K	Nov 15, 2023	Common Stock	4.73K	$30.27	Direct	F1
holding	IIIN	Option (right to buy)						4.24K	Nov 15, 2023	Common Stock	4.24K	$18.25	Direct	F1
holding	IIIN	Option (right to buy)						3.72K	Nov 15, 2023	Common Stock	3.72K	$22.09	Direct	F1
holding	IIIN	Option (right to buy)						3.11K	Nov 15, 2023	Common Stock	3.11K	$19.86	Direct	F1
holding	IIIN	Option (right to buy)						1.59K	Nov 15, 2023	Common Stock	1.59K	$41.87	Direct	F1
holding	IIIN	Option (right to buy)						2.23K	Nov 15, 2023	Common Stock	2.23K	$29.43	Direct	F1
holding	IIIN	Option (right to buy)						1.78K	Nov 15, 2023	Common Stock	1.78K	$38.54	Direct	F1
holding	IIIN	Option (right to buy)						2.63K	Nov 15, 2023	Common Stock	2.63K	$29.69	Direct	F1
holding	IIIN	Option (right to buy)						1.93K	Nov 15, 2023	Common Stock	1.93K	$41.85	Direct	F1
holding	IIIN	Option (right to buy)						2.38K	Nov 15, 2023	Common Stock	2.38K	$34.49	Direct	F1
holding	IIIN	Option (right to buy)						2.01K	Nov 15, 2023	Common Stock	2.01K	$37.06	Direct	F1
holding	IIIN	Option (right to buy)						2.95K	Nov 15, 2023	Common Stock	2.95K	$26.75	Direct	F1
holding	IIIN	Option (right to buy)						3.46K	Nov 15, 2023	Common Stock	3.46K	$21.57	Direct	F1
holding	IIIN	Option (right to buy)						4.7K	Nov 15, 2023	Common Stock	4.7K	$30.99	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Options vest 1/3 annually beginning one year from grant date.