INSTRUCTURE INC 4
4 · INSTRUCTURE INC · Filed May 26, 2017
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
CONROY WILLIAM M
Director
Transactions
- Exercise/Conversion
Common Stock
2017-05-24+10,937→ 32,031 total - Exercise/Conversion
Restricted Stock Units
2017-05-24−10,937→ 0 total→ Common Stock (10,937 underlying) - Award
Restricted Stock Units
2017-05-25+13,435→ 13,435 total→ Common Stock (13,435 underlying)
Holdings
- 103,169(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- [F2]Mr. Conroy is the manager of Conroy Investments, LLC and has sole voting and investment power with respect to the shares held by Conroy Investments, LLC.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]On November 12, 2015, the Reporting Person was granted an RSU for 16,406 shares of the Issuer's Common Stock, vesting annually for so long as the Reporting Person provides continuous service to the Issuer with (i) one-third vesting on the last market trading day immediately prior to Issuer's first annual stockholder meeting held after November 12, 2015, which vesting date is May 24, 2016, and (ii) two-thirds on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after November 12, 2015, which vesting date is May 24, 2017.
- [F5]On May 25, 2017, the Reporting Person was granted an RSU for 13,435 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, 2017, and (ii) 50% on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after May 25, 2017.