SEC Form 4 · accession 0000899243-16-027963
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Byron B Deeter
Director
Period of report
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 8:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355754
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Aug 19, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF4,F5,F3 | Aug 22, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF7,F8,F3 | Aug 23, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF6 | holding | — | — | — | 14,267 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 19, 2016, Bessemer Venture Partners VIII L.P. ("BVP VIII") and Bessemer Venture Partners VIII Institutional L.P. ("BVP VIII Inst" and together with BVP VIII, the "Funds") sold 22,700 and 27,300 shares, respectively, of Common Stock of the Issuer at a sale price of $23.88 per share.
- F2After the above transaction, BVP VIII owned 545,027 shares and BVP VIII Inst owned 655,475 shares.
- F3Mr. Deeter is a director of Deer VIII & Co. Ltd. ("Deer VIII Ltd"), the general partner of Deer VIII & Co. L.P. ("Deer VII LP"), the general partner of the Funds. Mr. Deeter disclaims beneficial ownership of the securities sold by the Funds, and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest, if any, in such securities by virtue of his interest in Deer VIII Ltd, his interest in Deer VIII LP, and his indirect limited partnership interest in the Funds.
- F4On August 22, 2016, BVP VIII and BVP VIII Inst sold 22,700 and 27,300 shares, respectively, of Common Stock of the Issuer at a sale price of $23.80 per share.
- F5After the above transaction, BVP VIII owned 522,327 shares and BVP VIII Inst owned 628,175 shares.
- F6Includes 8,798 shares received by Mr. Deeter in distributions-in-kind by the Funds on August 18, 2016, which distributions were made in accordance with the exemption afforded by Rule 16a-13 of the Securities Exchange Act of 1934, as amended (the "DIKs'). After the DIKs, BVP VIII and BVP VIII Inst owned 567,727 and 682,775 shares, respectively.
- F7On August 23, 2016, BVP VIII and BVP VIII Inst sold 18,160 and 21,840 shares, respectively, of Common Stock of the Issuer at a sale price of $23.81 per share.
- F8After the above transaction, BVP VIII owned 504,167 shares and BVP VIII Inst owned 606,335 shares.