SEC Form 4 · accession 0000899243-16-028317
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Byron B Deeter
Director
Period of report
Aug 29, 2016
Accepted (ET)
Aug 31, 2016 · 7:30 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 29, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF4 | Aug 30, 2016 | S | 8,798 | $23.8472 | D | 5,469 | D | |
| Common StockF5,F6,F4 | Aug 31, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 29, 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 $23.50 per share.
- F2After the above transaction, BVP VIII owned 481,467 shares and BVP VIII Inst owned 579,035 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.
- F4The shares were sold in multiple transactions at prices ranging from $23.50 to $24.040. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F5On August 31, 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 $23.55 per share.
- F6After the above transaction, BVP VIII owned 458,767 shares and BVP VIII Inst owned 551,735 shares.