SEC Form 4 · accession 0001209191-16-123716
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Collins
Director
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355754
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 25, 2016 | A | 19,104 | A | — | — | Common Stock | 19,104 | 19,104 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2Subject to the Reporting Person's continuous service, the RSU shall vest annually with (i) 50% vesting on the last market trading day immediately prior to Issuer's first annual stockholder meeting held after May 25, 2016 and (ii) 50% vesting on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after May 25, 2016.