Filing Details

Accession Number:
0001209191-17-051682
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-09-06 17:51:53
Reporting Period:
2017-09-01
Accepted Time:
2017-09-06 16:51:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1355754 Instructure Inc INST Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1656689 T. Marc Maloy C/O Instructure, Inc.
6330 South 3000 East, Suite 700
Salt Lake City UT 84121
Evp, World Wide Sales No Yes 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 Acquisiton 2017-09-01 2,000 $1.01 13,272 No 4 M Direct
Common Stock Disposition 2017-09-01 2,000 $29.66 11,272 No 4 S Direct
Common Stock Acquisiton 2017-09-01 1,269 $0.00 12,541 No 4 M Direct
Common Stock Disposition 2017-09-01 411 $30.15 12,130 No 4 F Direct
Common Stock Acquisiton 2017-09-01 896 $0.00 13,026 No 4 M Direct
Common Stock Disposition 2017-09-01 290 $30.15 12,736 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2017-09-01 1,269 $0.00 1,269 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2017-09-01 2,000 $0.00 2,000 $1.01
Common Stock Restricted Stock Units Disposition 2017-09-05 896 $0.00 896 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,689 No 4 M Direct
139,999 2023-04-10 No 4 M Direct
12,548 No 4 M Direct
Footnotes
  1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.10 to $30.05, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2 to this Form 4.
  3. The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
  4. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  5. On February 26, 2016, the Reporting Person was granted an RSU for 20,302 shares of the Issuer's Common Stock. The RSU vests in equal quarterly installments, at a rate of 1/16th of the RSU on the quarterly anniversary of the March 1, 2016 (the "Vesting Commencement Date") and 1/16th of the RSU on each quarterly anniversary of the Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on the four-year anniversary of the Vesting Commencement Date.
  6. The shares subject to this option vested at a rate of twenty-five percent of the total number of shares on the one-year anniversary of April 3, 2013 (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 fully vested on the four-year anniversary of the Vesting Commencement Date.
  7. On January 26, 2017, the Reporting Person was granted an RSU for 14,340 shares of the Issuer's Common Stock. The RSU shall vest in equal quarterly installments, at a rate of 1/16th of the RSU on the quarterly anniversary of the March 1, 2017 (the "Vesting Commencement Date") and 1/16th of the RSU on each quarterly anniversary of the Vesting Commencement Date thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on the four-year anniversary of the Vesting Commencement Date.