Filing Details

Accession Number:
0001209191-19-042969
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-23 16:27:52
Reporting Period:
2019-07-22
Accepted Time:
2019-07-23 16:27:52
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
1657403 B. Steven Kaminsky C/O Instructure, Inc.
6330 South 3000 East, Suite 700
Salt Lake City UT 84121
Chief Financial Officer 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 2019-07-22 14,368 $13.79 181,617 No 4 M Direct
Common Stock Disposition 2019-07-22 14,368 $41.51 167,249 No 4 S Direct
Common Stock Acquisiton 2019-07-22 5,632 $21.75 172,881 No 4 M Direct
Common Stock Disposition 2019-07-22 5,632 $41.50 167,249 No 4 S 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 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2019-07-22 14,368 $0.00 14,368 $13.79
Common Stock Stock Option (Right to Buy) Disposition 2019-07-22 5,632 $0.00 5,632 $21.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,264 2026-02-26 No 4 M Direct
25,303 2027-01-24 No 4 M Direct
Footnotes
  1. Shares were sold pursuant to a Rule 10b5-1 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 $41.21 to $41.99, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.21 to $42.01, 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 3 to this Form 4.
  4. The shares subject to this option shall vest in equal quarterly installments, at a rate of 1/16th of the total number of shares on the quarterly anniversary of the March 1, 2016 and 1/16th of the total number of shares on each quarterly anniversary of March 1, 2016 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of March 1, 2016.
  5. The shares subject to this option shall vest in equal quarterly installments, at a rate of 1/16th of the total number of shares on the quarterly anniversary of the March 1, 2017 and 1/16th of the total number of shares on each quarterly anniversary of the March 1, 2017 thereafter for so long as the Reporting Person provides continuous service to the Issuer, such that the total number of shares shall be fully vested on the four-year anniversary of March 1, 2017.