SEC Form 4 · accession 0001209191-18-009560
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven B. Kaminsky
Officer — Chief Financial Officer
Period of report
Feb 12, 2018
Accepted (ET)
Feb 13, 2018 · 4:33 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 | Feb 12, 2018 | M | 15,000 | $11.25 | A | 159,297 | D | |
| Common StockF1 | Feb 12, 2018 | S | 15,000 | $37.50 | D | 144,297 | 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)F2 | $11.25 | Feb 12, 2018 | M | 15,000 | D | — | Apr 28, 2025 | Common Stock | 15,000 | 30,726 | D |
Explanation of responses
- F1Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The shares subject to this option vested in equal monthly installments, at a rate of 1/12th of the total number of shares on the one-month anniversary of May 1, 2016 (the "Vesting Commencement Date") and 1/12th of the total number of shares on each monthly anniversary of the Vesting Commencement Date thereafter, such that the total number of shares fully vested on the one-year anniversary of the Vesting Commencement Date.