UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | Â (1) | 04/10/2023 | Common Stock | 149,999 | $ 1.005 | D | Â |
Stock Option (Right to Buy) | Â (2) | 04/28/2025 | Common Stock | 39,999 | $ 11.25 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Maloy Marc T. C/O INSTRUCTURE, INC. 6330 SOUTH 3000 EAST, SUITE 700 SALT LAKE CITY, UT 84121 |
 |  |  EVP, World Wide Sales |  |
/s/ Matthew A. Kaminer, Attorney-in-Fact | 11/12/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The option is early-exercisable at any time by the Reporting Person. The shares subject to this option shall vest at a rate of twenty-five percent of the total number of shares (which total originally included the 13,333 shares listed in Table I which the Reporting Person has since exercised and purchased) 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 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. |
(2) | The shares subject to this option shall vest in equal monthly installments, at a rate of 1/12th of the total number of shares on the one-month anniversary of April 3, 2017 (the "Vesting Commencement Date") and 1/12th of the total number of shares on each monthly 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 one-year anniversary of the Vesting Commencement Date. |