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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1355754	Instructure Inc	INST	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1137502	Zions Sbic Llc	C/O Epic Ventures 15 W. South Temple #500 Salt Lake City UT 84101	No	No	No	No
1259434	Kent Madsen	C/O Epic Ventures 15 W. South Temple #500 Salt Lake City UT 84101	No	No	No	No
1281063	Nicholaus E. Efstratis	C/O Epic Ventures 15 W. South Temple #500 Salt Lake City UT 84101	No	No	No	No
1456865	Epic Venture Fund Iv, Llc	C/O Epic Ventures 15 W. South Temple #500 Salt Lake City UT 84101	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-11-07	30,204	$20.48	2,172,560	No	4	S	Direct
Common Stock	Disposition	2016-11-07	13,612	$20.48	979,028	No	4	S	Indirect	By Zions SBIC LLC
Common Stock	Disposition	2016-11-07	442	$20.48	31,821	No	4	S	Indirect	By Kent I. Madsen
Common Stock	Disposition	2016-11-07	442	$20.48	31,821	No	4	S	Indirect	By NKE Investments, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By Zions SBIC LLC
No	4	S	Indirect	By Kent I. Madsen
No	4	S	Indirect	By NKE Investments, LLC

Footnotes

Epic Management Partners, LLC (EMP) is the investment manager of Epic Venture Fund IV, LLC (EVF IV) and has sole voting and investment power with regard to the shares held directly by EVF IV. E. Nicholaus Efstratis (Mr. Efstratis) and Kent I. Madsen (Mr. Madsen) are the managers of EMP and, therefore, may be deemed to share voting and investment power with regard to the shares held by EVF IV. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose.
ZWMC IV, L.L.C. (ZWMC) is the investment manager of Zions SBIC LLC (Zions SBIC) and has sole voting and investment power with regard to the shares held directly by Zions SBIC. Mr. Efstratis and Mr. Madsen are the managers of ZWMC and, therefore, may be deemed to share voting and investment power with regard to the shares held by Zions SBIC. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose.
These shares are owned directly by Mr. Madsen.
Mr. Efstratis has voting and dispositive power with respect to the shares held by NKE Investments, LLC.