SEC Form 4 · accession 0001209191-18-036189
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Tucker Goldsmith
Officer — President
Period of report
Jun 4, 2018
Accepted (ET)
Jun 6, 2018 · 8:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355754
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 4, 2018 | A | 131,202 | A | — | — | Common Stock | 131,202 | 131,202 | D |
| Stock Option (Right to Buy)F3 | $42.85 | Jun 4, 2018 | A | 97,228 | A | — | Jun 3, 2028 | Common Stock | 97,228 | 97,228 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2The RSU shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of September 1, 2018 and 1/16th of the total number of shares each quarterly anniversary of September 1, 2018 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of September 1, 2018.
- F3The shares subject to this option shall vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of June 4, 2018 and 1/16th of the total number of shares each quarterly anniversary of June 4, 2018 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of June 4, 2018.