SEC Form 4 · accession 0001209191-16-147144
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim Steele
Director
Period of report
Oct 26, 2016
Accepted (ET)
Oct 27, 2016 · 4:16 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 | — | Oct 26, 2016 | A | 10,433 | A | — | — | Common Stock | 10,433 | 10,433 | 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 RSUs shall vest annually with (i) 3,810 RSUs vesting on the last market trading day immediately prior to the Issuer's first annual stockholder meeting held after May 25, 2016 and (ii) 6,623 RSUs vesting on the last market trading day immediately prior to the Issuer's second annual stockholder meeting held after May 25, 2016.