DeBellis Marta 4
4 · INSTRUCTURE INC · Filed Mar 26, 2020
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
DeBellis Marta
Chief Marketing Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-03-24$49.00/sh−12,127$594,223→ 0 total→ Common Stock (12,127 underlying) - Disposition to Issuer
Restricted Stock Units
2020-03-24$49.00/sh−55,956$2,741,844→ 0 total→ Common Stock (55,956 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]Disposed of pursuant to the Merger Agreement, whereby each Issuer RSU that was unexpired, unsettled, outstanding, and unvested as of immediately prior to the effective time of the merger (other than certain forfeited RSUs) was cancelled and replaced with the right to receive to receive $49.00 in cash per share underlying the RSU, subject to any required tax withholdings, which consideration will be subject to generally the same terms as the corresponding cancelled RSU, including vesting conditions.