X0206 3 2015-11-12 0 0001355754 INSTRUCTURE INC INST 0001657403 Kaminsky Steven B. C/O INSTRUCTURE, INC. 6330 SOUTH 3000 EAST, SUITE 700 SALT LAKE CITY UT 84121 0 1 0 0 Chief Financial Officer Common Stock 243318 D Stock Option (Right to Buy) 2.07 2023-05-30 Common Stock 29342 D Stock Option (Right to Buy) 11.25 2025-04-28 Common Stock 59999 D 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 on the one-year anniversary of May 31, 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. 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 May 1, 2016 (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. /s/ Matthew A. Kaminer, Attorney-in-Fact 2015-11-12