SEC Form 4 · accession 0001209191-18-035797
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Kaminer
Officer — SVP, GC & Secretary
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:13 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 StockF1,F2 | Jun 1, 2018 | M | 1,048 | — | A | 20,447 | D | |
| Common Stock | Jun 1, 2018 | F | 357 | $42.65 | D | 20,090 | D | |
| Common StockF1 | Jun 1, 2018 | M | 759 | — | A | 20,849 | D | |
| Common Stock | Jun 1, 2018 | F | 258 | $42.65 | D | 20,591 | D | |
| Common StockF1 | Jun 1, 2018 | M | 556 | — | A | 21,147 | D | |
| Common Stock | Jun 1, 2018 | F | 189 | $42.65 | D | 20,958 | D | |
| Common Stock | holding | — | — | — | 751 | I | By spouse | |
| Common Stock | holding | — | — | — | 100 | I | By son | |
| Common Stock | holding | — | — | — | 100 | I | By son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jun 1, 2018 | M | 1,048 | D | — | — | Common Stock | 1,048 | 8,381 | D |
| Restricted Stock UnitsF3,F5 | — | Jun 1, 2018 | M | 759 | D | — | — | Common Stock | 759 | 8,347 | D |
| Restricted Stock UnitsF3,F6 | — | Jun 1, 2018 | M | 556 | D | — | — | Common Stock | 556 | 8,354 | D |
Explanation of responses
- F1The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- F2Includes 694 shares acquired under the Issuer's 2015 Employee Stock Purchase Plan on May 31, 2018.
- F3Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- F4On February 26, 2016, the Reporting Person was granted an RSU for 16,762 shares of the Issuer's Common Stock. The RSU vests in equal quarterly installments, at a rate of 1/16th of the RSU on the quarterly anniversary of the June 1, 2016 and 1/16th of the RSU on each quarterly anniversary of June 1, 2016 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on the four-year anniversary of June 1, 2016.
- F5On January 26, 2017, the Reporting Person was granted an RSU for 12,141 shares of the Issuer's Common Stock. The RSU shall vest in equal quarterly installments, at a rate of 1/16th of the RSU on the quarterly anniversary of the March 1, 2017 and 1/16th of the RSU on each quarterly anniversary of March 1, 2017 Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on the four-year anniversary of March 1, 2017.
- F6On January 23, 2018, the Reporting Person was granted an RSU for 8,910 shares of the Issuer's Common Stock. The RSU shall vest in equal quarterly installments, at a rate of 1/16th of the RSU on the quarterly anniversary of the March 1, 2018 and 1/16th of the RSU on each quarterly anniversary of March 1, 2018 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on the four-year anniversary of March 1, 2018.