Maloy Marc T. 4
4 · INSTRUCTURE INC · Filed Nov 3, 2017
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
Maloy Marc T.
EVP, World Wide Sales
Transactions
- Exercise/Conversion
Common Stock
2017-11-01$1.00/sh+2,000$2,010→ 14,736 total - Sale
Common Stock
2017-11-01$34.91/sh−2,000$69,823→ 12,736 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-11-01−2,000→ 136,999 totalExercise: $1.00Exp: 2023-04-10→ Common Stock (2,000 underlying)
Footnotes (3)
- [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 $34.45 to $35.60, 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 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.