SEC Form 4 · accession 0001209191-19-014966
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marta DeBellis
Officer — Chief Marketing Officer
Period of report
Feb 27, 2019
Accepted (ET)
Mar 1, 2019 · 4:19 pm EST
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 | — | Feb 27, 2019 | A | 81 | A | — | — | Common Stock | 81 | 81 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 27, 2019 | A | 1,627 | A | — | — | Common Stock | 1,627 | 1,627 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 27, 2019 | A | 74,608 | A | — | — | Common Stock | 74,608 | 74,608 | D |
Explanation of responses
- F1The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- F2The RSU shall vest in full on March 1, 2019.
- F3The RSU shall vest in equal quarterly installments, at a rate of 1/4th of the RSU on March 1, 2019 and 1/4th of the RSU on each quarterly anniversary of March 1, 2019 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on December 1, 2019.
- F4The 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 March 1, 2019 and 1/16th of the total number of shares each quarterly anniversary of March 1, 2019 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 March 1, 2019.