SEC Form 4 · accession 0001209191-16-136102
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Collins
Director
Period of report
Aug 8, 2016
Accepted (ET)
Aug 9, 2016 · 4:25 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 Stock | Aug 8, 2016 | M | 2,000 | $4.875 | A | 2,000 | D | |
| Common Stock | Aug 8, 2016 | S | 2,000 | $23.60 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.875 | Aug 8, 2016 | M | 2,000 | D | — | May 28, 2024 | Common Stock | 2,000 | 55,023 | D |
Explanation of responses
- F1The shares subject to this option shall vest in equal monthly installments, at a rate of 1/24th of the total number of shares on the one-month anniversary of May 29, 2014 (the "Vesting Commencement Date") and 1/24th of the total number of shares on each monthly anniversary of the Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the two-year anniversary of the Vesting Commencement Date.