SEC Form 4 · accession 0001477932-16-010237
INSTRUCTURE INC · INST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E. Nicholaus Efstratis
Director · 10% Owner
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 12:25 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 | May 11, 2016 | J | 572,806 | $0.00 | D | 0 | I | By Epic Expansion Capital Annex, LLC |
| Common StockF3 | May 11, 2016 | J | 374,999 | $0.00 | D | 0 | I | By Epic Expansion Capital, LLC |
| Common StockF2 | holding | — | — | — | 2,672,811 | I | By Epic Venture Fund IV, LLC | |
| Common StockF2 | holding | — | — | — | 1,204,460 | I | By Zions SBIC LLC | |
| Common StockF4 | holding | — | — | — | 39,149 | I | By NKE Investments, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Until May 11, 2016, Epic Management Partners, LLC (EMP) was the investment manager of Epic Expansion Capital Annex, LLC (EECA) and had sole voting and investment power with regard to the shares held directly by EECA. Mr. Efstratis is a manager of EMP. Effective as of May 11, 2016, the members of EECA elected to remove EMP as the investment manager of EECA and appoint Industry Ventures Management VII, L.L.C. as the investment manager. As a result of such removal, EMP and Mr. Efstratis have no voting or investment power with regard to the shares held by EECA and thus no beneficial ownership with respect to such shares.
- F2Mr. Efstratis has shared voting and investment power with respect to the shares held by Epic Venture Fund IV, LLC and Zions SBIC LLC. Mr. Efstratis disclaims beneficial ownership of the securities held by such entities, except to the extent of any pecuniary interest therein.
- F3Until May 11, 2016, EMP was the investment manager of Epic Expansion Capital, LLC (EEC) and had sole voting and investment power with regard to the shares held directly by EEC. Effective as of May 11, 2016, the members of EEC elected to remove EMP as the investment manager of EEC and appoint IVPH III GP, L.L.C. as the investment manager. As a result of such removal, EMP and Mr. Efstratis have no voting or investment power with regard to the shares held by EEC and thus no beneficial ownership with respect to such shares.
- F4Mr. Efstratis has voting and dispositive power over the shares held by NKE Investments, LLC.