SEC Form 4 · accession 0001209191-18-003161
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitch Macfarlane
Officer — Chief Operating Officer
Period of report
Jan 9, 2018
Accepted (ET)
Jan 10, 2018 · 6:09 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 Stock | Jan 9, 2018 | M | 33,333 | $0.99 | A | 53,581 | D | |
| Common Stock | holding | — | — | — | 70,778 | I | By The Great Basin Trust U/A 01/17/2017 |
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 | $0.99 | Jan 9, 2018 | M | 33,333 | D | — | Oct 16, 2022 | Common Stock | 33,333 | 0 | D |
Explanation of responses
- F1The shares subject to this option vested at a rate of twenty-five percent of the total number of shares on the one-year anniversary of September 1, 2012 (the "Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the Vesting Commencement Date thereafter, such that the total number of shares were fully vested on the four-year anniversary of the Vesting Commencement Date.