4//SEC Filing
Maloy Marc T. 4
Accession 0001209191-17-051682
CIK 0001355754other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 4:51 PM ET
Size
21.3 KB
Accession
0001209191-17-051682
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
Maloy Marc T.
EVP, World Wide Sales
Transactions
- Exercise/Conversion
Common Stock
2017-09-01+1,269→ 12,541 total - Exercise/Conversion
Restricted Stock Units
2017-09-01−1,269→ 12,689 total→ Common Stock (1,269 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2017-09-01−2,000→ 139,999 totalExercise: $1.00Exp: 2023-04-10→ Common Stock (2,000 underlying) - Exercise/Conversion
Restricted Stock Units
2017-09-05−896→ 12,548 total→ Common Stock (896 underlying) - Exercise/Conversion
Common Stock
2017-09-01$1.00/sh+2,000$2,010→ 13,272 total - Tax Payment
Common Stock
2017-09-01$30.15/sh−290$8,744→ 12,736 total - Tax Payment
Common Stock
2017-09-01$30.15/sh−411$12,392→ 12,130 total - Sale
Common Stock
2017-09-01$29.66/sh−2,000$59,320→ 11,272 total - Exercise/Conversion
Common Stock
2017-09-01+896→ 13,026 total
Footnotes (7)
- [F1]Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]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.
- [F3]The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- [F4]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F5]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.
- [F6]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.
- [F7]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.
Documents
Issuer
INSTRUCTURE INC
CIK 0001355754
Entity typeother
Related Parties
1- filerCIK 0001656689
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 4:51 PM ET
- Size
- 21.3 KB