Filing Details

Accession Number:
0001209191-18-033486
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-25 16:03:00
Reporting Period:
2018-05-23
Accepted Time:
2018-05-25 16:03:00
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
1544624 A Steven Collins C/O Instructure, Inc.
6330 South 3000 East, Suite 700
Salt Lake City UT 84121
Yes 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 Acquisiton 2018-05-23 9,552 $0.00 9,552 No 4 M Direct
Common Stock Disposition 2018-05-23 9,552 $41.51 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2018-05-23 9,552 $0.00 9,552 $0.00
Common Stock Restricted Stock Units Acquisiton 2018-05-24 8,303 $0.00 8,303 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
8,303 No 4 A Direct
Footnotes
  1. The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.05 to $41.95, 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. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  4. On May 25, 2016, the Reporting Person was granted an RSU for 19,104 shares of the Issuer's Common Stock, vesting annually for so long as the Reporting Person provides continuous service to the Issuer with (i) 50% vesting on the last market trading day immediately prior to Issuer's first annual stockholder meeting held after May 25, 2016, which vesting date was May 24, 2017, and (ii) 50% on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after May 25, 2016, which vesting date was May 23, 2018.
  5. On May 24, 2018, the Reporting Person was granted an RSU for 8,303 shares of the Issuer's Common Stock, vesting annually for so long as the Reporting Person provides continuous service to the Issuer with (i) 50% vesting on the last market trading day immediately prior to Issuer's first annual stockholder meeting held after May 24, 2018, and (ii) 50% on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after May 24, 2018.