0000899243-20-009564.txt : 20200326
0000899243-20-009564.hdr.sgml : 20200326
20200326173438
ACCESSION NUMBER: 0000899243-20-009564
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200324
FILED AS OF DATE: 20200326
DATE AS OF CHANGE: 20200326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Collins Steven A
CENTRAL INDEX KEY: 0001544624
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37629
FILM NUMBER: 20747132
MAIL ADDRESS:
STREET 1: 20 N. MERIDIAN STREET
STREET 2: SUITE 200
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46204
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INSTRUCTURE INC
CENTRAL INDEX KEY: 0001355754
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6330 SOUTH 3000 EAST, SUITE 700
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84121
BUSINESS PHONE: (800) 203-6755
MAIL ADDRESS:
STREET 1: 6330 SOUTH 3000 EAST, SUITE 700
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84121
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-03-24
1
0001355754
INSTRUCTURE INC
INST
0001544624
Collins Steven A
C/O INSTRUCTURE, INC.
6330 SOUTH 3000 EAST, SUITE 700
SALT LAKE CITY
UT
84121
1
0
0
0
Common Stock
2020-03-24
4
U
0
4161
49.00
D
0
D
Restricted Stock Units
2020-03-24
4
D
0
4162
49.00
D
Common Stock
4162
0
D
Stock Option (Right to Buy)
4.875
2020-03-24
4
D
0
42923
49.00
D
2024-05-28
Common Stock
42923
0
D
On February 17, 2020, the Issuer entered into the Amended and Restated Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 17, 2020, by and among the Issuer, Instructure Holdings, LLC (f/k/a PIV Purchaser, LLC), a Delaware limited liability company ("Parent") and PIV Merger Sub, Inc., a Delaware corporation and a direct and wholly owned subsidiary of Parent ("Merger Sub"), Shares accepted for payment in the tender offer commenced by Merger Sub in exchange for the right to receive $49.00 in cash per share.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
Disposed of pursuant to the Merger Agreement, whereby each Issuer RSU that was unexpired, unsettled, outstanding, and unvested as of immediately prior to the effective time of the merger (other than certain forfeited RSUs) was cancelled and replaced with the right to receive to receive $49.00 in cash per share underlying the RSU, subject to any required tax withholdings, which consideration will be subject to generally the same terms as the corresponding cancelled RSU, including vesting conditions.
Disposed of pursuant to the Merger Agreement, whereby each option to purchase shares of Issuer common stock that was unexpired, unexercised, outstanding, and vested as of immediately prior to the effective time of the merger was cancelled and converted into the right to receive $49.00 in cash per share subject to the option, less the applicable per share exercise price, subject to any required tax withholdings.
/s/ Matthew A. Kaminer, Attorney-in-Fact
2020-03-26