Macfarlane Mitch 4
4 · INSTRUCTURE INC · Filed May 14, 2018
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
Macfarlane Mitch
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2018-05-10$13.79/sh−6,000$82,740→ 41,274 total - Exercise/Conversion
Stock Option (Right to Buy)
2018-05-10−6,000→ 21,952 totalExercise: $13.79Exp: 2026-02-26→ Common Stock (6,000 underlying) - Sale
Common Stock
2018-05-10$43.22/sh−6,000$259,322→ 35,274 total
Holdings
- 70,778(indirect: By Trust)
Common Stock
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 $42.80 to $43.40, 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 shall vest in equal quarterly installments, at a rate of 1/16th of the total number of shares on the quarterly anniversary of March 1, 2016 (the "Vesting Commencement Date") and 1/16th of the total number of shares 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 total number of shares shall be fully vested on the four-year anniversary of the Vesting Commencement Date.