Maylett Frank Daniel 4
4 · INSTRUCTURE INC · Filed Dec 3, 2019
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
Maylett Frank Daniel
EVP, Global Sales
Transactions
- Tax Payment
Common Stock
2019-12-02$53.24/sh−116$6,176→ 587 total - Exercise/Conversion
Common Stock
2019-12-01+403→ 703 total - Exercise/Conversion
Restricted Stock Units
2019-12-01−403→ 0 total→ Common Stock (403 underlying)
Footnotes (3)
- [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]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 fully vested on December 1, 2019.