CONROY WILLIAM M 4
4 · INSTRUCTURE INC · Filed May 25, 2018
Insider Transaction Report
Form 4
INSTRUCTURE INCINST
CONROY WILLIAM M
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-05-23−6,717→ 6,718 total→ Common Stock (6,717 underlying) - Exercise/Conversion
Common Stock
2018-05-23+6,717→ 39,741 total
Holdings
- 87,169(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]The restricted stock units (the "RSU") convert into Issuer's Common Stock on a one-for-one basis.
- [F2]Mr. Conroy is the manager of Conroy Investments, LLC and has sole voting and investment power with respect to the shares held by Conroy Investments, LLC.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]On May 25, 2017, the Reporting Person was granted an RSU for 13,435 shares of the Issuer's Common Stock, vesting annually for so long as the Reporting Person provides continuous service to the Issuer with (i) 50% vesting on the last market trading day immediately prior to Issuer's first annual stockholder meeting held after May 25, 2017, and (ii) 50% on the last market trading day immediately prior to Issuer's second annual stockholder meeting held after May 25, 2017.