SEC Form 4 · accession 0001209191-18-038347
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 15, 2018
Accepted (ET)
Jun 18, 2018 · 4:46 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 | Jun 15, 2018 | M | 2,000 | $11.25 | A | 22,958 | D | |
| Common StockF1 | Jun 15, 2018 | S | 2,000 | $45.00 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $11.25 | Jun 15, 2018 | M | 2,000 | D | — | Apr 28, 2025 | Common Stock | 2,000 | 114,666 | 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 vest at a rate of twenty-five percent of the total number of shares on the one-year anniversary of April 27, 2015 (the "Vesting Commencement Date") and 1/48th of the total number of shares each monthly anniversary of the Vesting Commencement Date thereafter such that the total number of shares shall be fully vested on the four-year anniversary of the Vesting Commencement Date.