UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No.) *
Insteel Industries Inc.
(Name of Issuer)
Common Stock, $1.00 par value per share
(Title of Class of Securities)
45774W108
(CUSIP Number)
(Holdings as of March 31, 2008)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 45774W10
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Met Investors Advisory, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
Not Applicable
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Maryland
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5. Sole Voting Power:
None
NUMBER OF -----------------------------------------------------------------
SHARES 6. Shared Voting Power:
BENEFICIALLY
OWNED BY 1,778,354*
EACH -----------------------------------------------------------------
REPORTING 7. Sole Dispositive Power:
PERSON
WITH 0
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8. Shared Dispositive Power:
1,778,354*
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,778,354*
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.14%
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12. TYPE OF REPORTING PERSON
IA
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* Note 1: Met Investors Advisory, LLC, ("Met Investors") an investment
advisor registered under Section 203 of the Investment Advisors Act of
1940, serves as investment manager of each series of Met Investors Series
Trust (the "Trust"), an investment company registered under the Investment
Company Act of 1940. In its role as investment manager of the Trust,
MetLife Investors has contracted with certain sub-advisers to make the
day-to-day investment decisions investment for the certain series of the
Trust.
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Met Investors Series Trust
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
Not Applicable
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
9. Sole Voting Power:
None
NUMBER OF ----------------------------------------------------------------
SHARES 10. Shared Voting Power:
BENEFICIALLY
OWNED BY 1,778,354
EACH ----------------------------------------------------------------
REPORTING 11. Sole Dispositive Power:
PERSON
WITH 0
----------------------------------------------------------------
12. Shared Dispositive Power:
1,778,354
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,778,354 shares
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.14%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IV
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ITEM 1(A)
Name of Issuer: Insteel Industries Inc.
ITEM 1(B)
Address of Issuer's Principal 1373 Boggs Drive
Executive Offices: Mt. Airy, NC 27030
ITEM 2(A)
Name of Person Filing: 1) Met Investors Advisory, LLC
2) Met Investors Series Trust
ITEM 2(B)
Address of Principal Business 5 Park Plaza, Suite 1900
Office or, if none, Residence: Irvine, CA 92614
ITEM 2(C)
Citizenship: 1) Maryland
2) Delaware
ITEM 2(D)
Title of Class of Securities: Common Stock, (the "Shares")
ITEM 2(E)
CUSIP Number: 45774W10
ITEM 3. If this statement is filed pursuant to (S)(S)240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [_] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) [_] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [X] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) [X] An investment adviser in accordance with (S)240.13d-1(b)
(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance
with (S)240.13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance
with (S)240.13d-1(b)(1)(ii)(G);
(h) [_] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [_] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [_] Group, in accordance with (S)240.13d-1(b)(1)(ii)(J).
ITEM 4 OWNERSHIP
ITEM 4(A): 1,778,354 shares
Amount Beneficially Owned:
ITEM 4(B): 10.14%
Percent of Class:
ITEM 4(C):
Number of shares as to which
such person has:
(i) sole power to vote or
to direct the vote: None
(ii) shared power to vote or
to direct the vote: 1,778,354
(iii) sole power to dispose or
to direct the disposition of: 0
(iv) shared power to dispose or
to direct the disposition of: 1,778,354
ITEM 5 Ownership of Five Percent or Less of
a Class:
Not Applicable.
ITEM 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable.
ITEM 7 Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company:
Not Applicable.
ITEM 8 Identification and Classification of Members of the Group:
Not Applicable.
ITEM 9 Notice of Dissolution of Group:
Not Applicable.
ITEM 10 CERTIFICATION:
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the securities and were not
acquired and are not held in connection with or as a participant in any
transaction having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: June 9, 2008
Met Investors Advisory, LLC
By: /s/ Richard C. Pearson
---------------------------------
Richard C. Pearson
Met Investors Series Trust
By: /s/ Richard C. Pearson
---------------------------------
Richard C. Pearson