SEC Form 4 · accession 0001209191-18-033509
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
May 23, 2018
Accepted (ET)
May 25, 2018 · 4:14 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 | May 23, 2018 | M | 13,350 | $8.43 | A | 60,624 | D | |
| Common Stock | May 23, 2018 | M | 8,888 | $11.25 | A | 69,512 | D | |
| Common StockF1 | 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)F2 | $8.43 | May 23, 2018 | M | 13,350 | D | — | Nov 11, 2024 | Common Stock | 13,350 | 0 | D |
| Stock Option (Right to Buy)F3 | $11.25 | May 23, 2018 | M | 8,888 | D | — | Apr 28, 2025 | Common Stock | 8,888 | 0 | D |
Explanation of responses
- F1The reporting person's spouse is the trustee of The Great Basin Trust U/A 01/17/2017 and members of the reporting person's immediate family are among the beneficiaries of the trust.
- F2The shares subject to this option vested at a rate of 1/12th of the total number of shares each monthly anniversary of November 15, 2015 (the "Vesting Commencement Date") such that the total number of shares were fully vested on the two-year anniversary of the Vesting Commencement Date.
- F3The shares subject to this option shall vested in equal monthly installments, at a rate of 1/12th of the total number of shares on each monthly anniversary of November 15, 2016 (the "Vesting Commencement Date"), such that the total number of shares fully vested on the one-year anniversary of the Vesting Commencement Date.