Michael Lee Benson Jr. - Jan 24, 2023 Form 4 Insider Report for INSTRUCTURE HOLDINGS, INC. (INST)

Role: Chief Strategy Officer
Signature: /s/ Matthew A. Kaminer, by Power of Attorney
Stock symbol: INST
Transactions as of: Jan 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/26/2023, 06:01 PM
Previous filing: Dec 5, 2022
Next filing: Mar 3, 2023

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	+71K	+36.41%	$0.00	266K	Jan 24, 2023	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 ("RSUs"), which vest in 16 equal installments with 1/16th of the RSUs vesting on the first 3-month anniversary of March 1, 2023 and the remaining portion of the RSUs vesting each subsequent 3-month anniversary thereafter for a total of 16 vesting periods, 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 ("RSUs"), which vest in 16 equal installments with 1/16th of the RSUs vesting on the first 3-month anniversary of March 1, 2023 and the remaining portion of the RSUs vesting each subsequent 3-month anniversary thereafter for a total of 16 vesting periods, 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.