SEC Form 4 · accession 0001209191-19-016963
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Tucker Goldsmith
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:26 pm EST
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 | Mar 1, 2019 | M | 2,071 | — | A | 2,071 | D | |
| Common Stock | Mar 1, 2019 | F | 610 | $47.05 | D | 1,461 | D | |
| Common StockF1 | Mar 1, 2019 | M | 618 | — | A | 2,079 | D | |
| Common Stock | Mar 1, 2019 | F | 182 | $47.05 | D | 1,897 | D | |
| Common StockF1 | Mar 1, 2019 | M | 4,310 | — | A | 6,207 | D | |
| Common Stock | Mar 1, 2019 | F | 1,328 | $47.05 | D | 4,879 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 1, 2019 | M | 2,071 | D | — | — | Common Stock | 2,071 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Mar 1, 2019 | M | 618 | D | — | — | Common Stock | 618 | 1,855 | D |
| Restricted Stock UnitsF2,F5 | — | Mar 1, 2019 | M | 4,310 | D | — | — | Common Stock | 4,310 | 4,310 | D |
Explanation of responses
- F1The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- F2Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- F3The RSU fully vested on March 1, 2019.
- F4The 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.
- F5The RSU shall vest in two equal installments, at a rate of 1/2 of the RSU on March 1, 2019 and 1/2 of the RSU on September 1, 2019 for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on September 1, 2019.