SEC Form 4 · accession 0001209191-18-014581
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Collins
Director
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 4:57 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 26, 2018 | M | 2,100 | $4.875 | A | 2,100 | D | |
| Common Stock | Feb 26, 2018 | S | 2,100 | $44.20 | 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 | Feb 26, 2018 | M | 2,100 | D | — | May 28, 2024 | Common Stock | 2,100 | 42,923 | D |
Explanation of responses
- F1The shares subject to this option vested 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, such that the total number of shares were fully vested on the two-year anniversary of the Vesting Commencement Date.