X0206 3 2015-11-12 0 0001355754 INSTRUCTURE INC INST 0001656689 Maloy Marc T. C/O INSTRUCTURE, INC. 6330 SOUTH 3000 EAST, SUITE 700 SALT LAKE CITY UT 84121 0 1 0 0 EVP, World Wide Sales Common Stock 13333 D Stock Option (Right to Buy) 1.005 2023-04-10 Common Stock 149999 D Stock Option (Right to Buy) 11.25 2025-04-28 Common Stock 39999 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 (which total originally included the 13,333 shares listed in Table I which the Reporting Person has since exercised and purchased) on the one-year anniversary of April 3, 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 April 3, 2017 (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