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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
INSTRUCTURE, INC.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
45781U103
(CUSIP Number)
December 31, 2016
Date of Event Which Requires Filing of the Statement
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
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Rule 13d-1(c) |
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Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 45781U103 |
13G/A |
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Name of Reporting Person | |||||
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Check the Appropriate Box if a Member of a Group | |||||
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(a) |
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(b) |
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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7. |
Sole Dispositive Power | ||||||
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8. |
Shared Dispositive Power | ||||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||||
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Percent of Class Represented by Amount in Row (9) | |||||
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Type of Reporting Person | |||||
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Name of Reporting Person | |||
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Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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Type of Reporting Person | |||
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1. |
Name of Reporting Person | |||
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2. |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person | |||
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1. |
Name of Reporting Person | |||
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2. |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
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Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person | |||
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1. |
Name of Reporting Person | |||
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2. |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person | |||
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1. |
Name of Reporting Person | |||
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2. |
Check the Appropriate Box if a Member of a Group | |||
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(a) |
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(b) |
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person | |||
Item 1(a) |
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Name of Issuer | |
Item 1(b) |
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Address of Issuers Principal Executive Offices Salt Lake City, UT 84121 | |
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Item 2(a) |
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Name of Person Filing
(a) OpenView Management, LLC (OVM LLC), which is the general partner of OpenView General Partner II, L.P. (OGP II LP), which is the general partner of OAF II LP and OVP II LP. OVM LLC is also the general partner of OpenView General Partner, L.P. (OGP LP), which is the general partner of OAF LP and OVP LP. (b) Scott M. Maxwell is the sole manager of OVM LLC. (c) OAF II LP, which directly owns 107,669 shares; (d) OAF LP, which directly owns 162,231 shares; (e) OVP II LP, which directly owns 2,184,903 shares; (f) OVP LP, which directly owns 2,130,341 shares;
OVM LLC, Scott M. Maxwell and the Funds are sometimes individually referred to herein as a Reporting Person and collectively as the Reporting Persons. | |
Item 2(b) |
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Address of Principal Business Office Boston, MA 02210 | |
Item 2(c) |
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Citizenship | |
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OVM LLC |
Delaware |
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Scott M. Maxwell |
United States of America |
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OAF II LP |
Delaware |
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OAF LP |
Delaware |
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OVP II LP |
Delaware |
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OVP LP |
Delaware |
Item 2(d) |
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Title of Class of Securities | |
Item 2(e) |
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CUSIP Number | |
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Item 3 |
If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: | ||
Not applicable. |
Item 4 |
Ownership | ||
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For OVM LLC: | ||
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(a) |
Amount beneficially owned: 4,585,144 shares of Common Stock | |
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(b) |
Percent of class: 16.2% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 4,585,144 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 4,585,144 |
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For Scott M. Maxwell: | ||
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(a) |
Amount beneficially owned: 4,585,144 shares of Common Stock | |
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(b) |
Percent of class: 16.2% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 4,585,144 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 4,585,144 |
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For OAF II LP: | ||
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(a) |
Amount beneficially owned: 107,669 shares of Common Stock | |
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(b) |
Percent of class: 0.4% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 107,669 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 107,669 |
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For OAF LP: | ||
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(a) |
Amount beneficially owned: 162,231 shares of Common Stock | |
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(b) |
Percent of class: 0.6% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 162,231 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 162,231 |
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For OVP II LP: | ||
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(a) |
Amount beneficially owned: 2,184,903 shares of Common Stock | |
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(b) |
Percent of class: 7.8% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 2,184,903 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 2,184,903 |
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For OVP LP: | ||
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(a) |
Amount beneficially owned: 2,130,341 shares of Common Stock | |
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(b) |
Percent of class: 7.5% | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 0 |
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(ii) |
Shared power to vote or to direct the vote: 2,130,341 |
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(iii) |
Sole power to dispose or to direct the disposition of: 0 |
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(iv) |
Shared power to dispose or to direct the disposition of: 2,130,341 |
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Item 5 |
Ownership of Five Percent or Less of a Class | ||
Not applicable. | |||
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Item 6 |
Ownership of More than Five Percent on Behalf of Another Person | ||
Not applicable. | |||
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Item 7 |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company | ||
Not applicable. | |||
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Item 8 |
Identification and Classification of Members of the Group | ||
Not applicable. | |||
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Item 9 |
Notice of Dissolution of Group | ||
Not applicable. |
Item 10 |
Certification |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
DATED: February 1, 2017
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SCOTT M. MAXWELL |
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/s/ Rufus C. King |
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By: Rufus C. King, Attorney-in-Fact |
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OPENVIEW MANAGEMENT, LLC |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW AFFILIATES FUND II, L.P. |
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By: OpenView General Partner II, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW AFFILIATES FUND, L.P. |
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By: OpenView General Partner, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW VENTURE PARTNERS, L.P. |
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By: OpenView General Partner, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW VENTURE PARTNERS II, L.P. |
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By: OpenView General Partner II, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
CUSIP No. 45781U103 |
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EXHIBIT A
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the shares of Common Stock of Instructure, Inc.
This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.
EXECUTED as of this 1st day of February, 2017.
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SCOTT M. MAXWELL |
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/s/ Rufus C. King |
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By: Rufus C. King, Attorney-in-Fact |
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OPENVIEW MANAGEMENT, LLC |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW AFFILIATES FUND II, L.P. |
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By: OpenView General Partner II, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW AFFILIATES FUND, L.P. |
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By: OpenView General Partner, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW VENTURE PARTNERS, L.P. |
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By: OpenView General Partner, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |
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OPENVIEW VENTURE PARTNERS II, L.P. |
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By: OpenView General Partner II, L.P., general partner |
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By: OpenView Management, LLC, general partner |
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/s/ Rufus C. King |
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Rufus C. King, Attorney-in-Fact |