SEC Form 4 · accession 0001209191-15-080847
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua L. Coates
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 18, 2015
Accepted (ET)
Nov 18, 2015 · 1:55 pm EST
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 | Nov 18, 2015 | C | 781,141 | $0.00 | A | 2,664,474 | I | By Grizzly Peak, LLC |
| Common StockF4 | Nov 18, 2015 | P | 81,250 | $16.00 | A | 81,250 | I | By The Joshua and CeliAnne Coates Trust |
| Common StockF5 | Nov 18, 2015 | P | 43,750 | $16.00 | A | 43,750 | I | By The Coates Equity Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF1,F3,F6 | — | Nov 18, 2015 | C | 256,383 | D | — | — | Common Stock | 256,383 | 0 | I |
| Series B Preferred StockF2,F3,F6 | — | Nov 18, 2015 | C | 524,758 | D | — | — | Common Stock | 524,758 | 0 | I |
Explanation of responses
- F1The Series A Preferred Stock automatically converted into Common Stock on a 1-to-1 basis upon closing of the initial public offering of the Issuer.
- F2The Series B Preferred Stock automatically converted into Common Stock on a 1-to-1 basis upon closing of the initial public offering of the Issuer.
- F3Mr. Coates is the manager of Grizzly Peak, LLC and has sole voting and investment power with respect to the shares held by Grizzly Peak, LLC.
- F4Mr. Coates and his wife are the trustees and beneficiaries of The Joshua and CeliAnne Coates Trust and have sole voting and investment power with respect to the shares held by The Joshua and CeliAnne Coates Trust.
- F5Mr. Coates and his wife are the trustees and beneficiaries of The Coates Equity Trust and have sole voting and investment power with respect to the shares held by The Coates Equity Trust.
- F6Not applicable.