Michael Lee Benson Jr. - Jan 23, 2022 Form 4 Insider Report for INSTRUCTURE HOLDINGS, INC. (INST)

Role: Chief Product Officer
Signature: /s/ Matthew A. Kaminer, by Power of Attorney
Stock symbol: INST
Transactions as of: Jan 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/25/2022, 03:59 PM
Previous filing: Mar 18, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INST	Common Stock, $0.01 par value per share	Award	$0	+71.3K	+35.93%	$0.00	270K	Jan 23, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of restricted stock units, which vest in quarterly installments over a four year period beginning on March 1, 2022, with 10% of the total award vesting in year one, 20% in year two, 40% in year three, and 30% in year four, in each case so long as the Reporting Person provides continuous services to the Issuer. Each restricted stock unit represents a right to receive one share of the Issuer's common stock upon vesting.

Content

Consists of restricted stock units, which vest in quarterly installments over a four year period beginning on March 1, 2022, with 10% of the total award vesting in year one, 20% in year two, 40% in year three, and 30% in year four, in each case so long as the Reporting Person provides continuous services to the Issuer. Each restricted stock unit represents a right to receive one share of the Issuer's common stock upon vesting.