Maylett Frank Daniel 4
4 · INSTRUCTURE INC · Filed Sep 4, 2019
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
Maylett Frank Daniel
EVP, Global Sales
Transactions
- Exercise/Conversion
Common Stock
2019-09-01+403→ 403 total - Exercise/Conversion
Restricted Stock Units
2019-09-01−403→ 403 total→ Common Stock (403 underlying) - Exercise/Conversion
Restricted Stock Units
2019-09-01−57→ 0 total→ Common Stock (57 underlying) - Exercise/Conversion
Common Stock
2019-09-01+57→ 460 total - Tax Payment
Common Stock
2019-09-03$41.36/sh−160$6,618→ 300 total
Footnotes (4)
- [F1]The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F3]The RSU fully vested on September 1, 2019.
- [F4]On August 27, 2019, the Reporting Person was granted an RSU for 806 shares of the Issuer's Common Stock which shall vest in two equal installments at a rate of 1/2 of the RSU on September 1, 2019 and 1/2 of the RSU on December 1, 2019, for so long as the Reporting Person provides continuous service to the Issuer, such that the RSU shall be fully vested on December 1, 2019.