SEC Form 4 · accession 0000899243-16-028828
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Byron B Deeter
Director
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 7:06 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 | Sep 8, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common StockF4,F5,F3 | Sep 12, 2016 | S$0 | 0 | $0.00 | D | 0 | I | See Footnotes |
| Common Stock | holding | — | — | — | 5,469 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 8, 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 4,635 and 5,575 shares, respectively, of Common Stock of the Issuer at a weighted average sale price of $24.09930 per share.
- F2After the above transaction, BVP VIII owned 431,432 shares and BVP VIII Inst owned 518,860 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 September 12, 2016, BVP VIII and BVP VIII Inst sold 16,040 and 19,291 shares, respectively, of Common Stock of the Issuer at a weighted average sale price of $ 23.92890 per share.
- F5After the above transaction, BVP VIII owned 415,392 shares and BVP VIII Inst owned 499,569 shares.