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INSTRUCTURE INC Form 8-K: Current report

INSTRUCTURE INC Form 8-K: Current report

Filings on SEC EDGAR, newest first; amendments sit with their base form. Values are as filed.

  • 2020-03-24: Form 8-K; Period of report 2020-03-24; Description 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; 3.03 Material Modification to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; Details 1.02.
  • 2020-02-28: Form 8-K; Period of report 2020-02-27; Description 2.02 Results of Operations and Financial Condition; Details 2.02.
  • 2020-02-18: Form 8-K; Period of report 2020-02-17; Description 1.01 Entry into a Material Definitive Agreement; Details 1.01.
  • 2020-02-18: Form 8-K; Period of report 2020-02-13; Description 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events; Details 5.02.
FiledFormPeriod of reportDescriptionDetailsDocument
2020-03-248-K2020-03-241.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; 3.03 Material Modification to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure1.02 On March 24, 2020, in connection with the transactions contemplated by the Merger Agreement, Instructure terminated and repaid in full all outstanding obligations due under that certain Second Amended and Restated Loan and Security Agreement, dated as of June 22, 2017 (as amended, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among Instructure, Silicon Valley Bank and the other parties thereto.
2.01 Pursuant to the Merger Agreement, on February 24, 2020, Purchaser commenced a tender offer (the “Offer”) to purchase each issued and outstanding share of common stock of Instructure, $0.0001 par value per share (collectively, the “Shares”), at an offer price of $49.00 per Share net to the seller thereof in cash, without interest and subject to any withholding taxes (the “Offer Price”) upon the terms and subject to the conditions set forth in the Offer to Purchase, dated as of February 24, 2020 (together with any amendments and supplements thereto, the “Offer to Purchase”), and in the related Letter of Transmittal, as amended and supplemented.
3.01 On March 24, 2020 in contemplation of the consummation of the Merger, Instructure requested the New York Stock Exchange (“NYSE”) suspend trading of the Shares effective at 9:00 a.m., Eastern Time.
3.03 The information set forth in the Introductory Note and Items 2.01, 3.01, 5.01 and 5.03 is incorporated herein by reference.
5.01 The information set forth in the Introductory Note and Item 2.01 is incorporated herein by reference.
5.02 In connection with the Merger, each of the directors of Instructure, Joshua Coates, Steven A. Collins, William M. Conroy, Ellen Levy, Kevin Thompson and Lloyd G. Waterhouse, resigned as directors of the board of directors of Instructure (the “Board”) and from all committees of the Board on which such directors served, effective as of the Effective Time.
5.03 At the Effective Time, in connection with the consummation of the Merger, the certificate of incorporation and bylaws attached hereto as Exhibits 3.1 and 3.2, respectively, became the certificate of incorporation and bylaws of Instructure.
7.01 On March 24, 2020, Thoma Bravo and Instructure issued a joint press release announcing the completion of the Offer and the Merger.
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2020-02-288-K2020-02-272.02 Results of Operations and Financial Condition2.02 The following are the preliminary results of operations for Instructure, Inc. (the “Company”) as of and for the three and twelve months ended December 31, 2019.d887523d8k.htm
2020-02-188-K2020-02-171.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.d891330d8k.htm
2020-02-188-K2020-02-135.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events5.02 On February 13, 2020, Daniel T. Goldsmith, Chief Executive Officer of Instructure, Inc., a Delaware corporation (the “Company”), informed the Board of Directors of the Company (the “Board of Directors”) of his intent to step down as Chief Executive Officer and as a member of the Board of Directors.
8.01 On February 18, 2020, the Company and Thoma Bravo, LLC, issued a joint press release announcing the entry into an amended and restated merger agreement with Instructure Holdings, LLC (f/k/a PIV Purchaser, LLC), a Delaware limited liability company (“Parent”) and PIV Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent.
d874783d8k.htm
2020-02-148-K2020-02-141.01 Entry into a Material Definitive Agreement; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Events1.01 Entry into a Material Definitive Agreement.
5.02 Amendment of Waiver Agreement.
8.01 Adjournment of Special Meeting.
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2020-02-138-K2020-02-138.01 Other Events8.01 Adjournment of Special Meeting.d878383d8k.htm
2020-01-228-K2020-01-222.02 Results of Operations and Financial Condition2.02 In advance of the special meeting of stockholders relating to the previously announced proposed acquisition of Instructure, Inc. (“Instructure” or the “Company”) pursuant to the Agreement and Plan of Merger, dated as of December 4, 2019 (the “Merger Agreement”), by and among the Company, PIV Purchaser, LLC, a Delaware limited liability company (“Parent”), and PIV Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), providing for the merger of Merger Sub with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent (the “Merger”), the Company is disclosing its preliminary financial results for the fiscal quarter ended December 31, 2019.d856538d8k.htm
2020-01-178-K2019-01-108.01 Other Events8.01 As previously announced, on December 4, 2019, Instructure, Inc., a Delaware corporation (the “Company” or “Instructure”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with PIV Purchaser, LLC, a Delaware limited liability company (“Parent”), and PIV Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), providing for the merger of Merger Sub with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent.d858105d8k.htm
2020-01-138-K2020-01-138.01 Other Events8.01 On January 13, 2020, Instructure, Inc. (the “Company”) published a letter to Instructure stockholders.d861649d8k.htm
2020-01-098-K2019-12-048.01 Other Events8.01 On January 9, 2020, Instructure, Inc. (the “Company”) issued a press releasing announcing the expiration of the “go-shop” period under the Agreement and Plan of Merger, by and among the Company, PIV Purchaser, LLC, a Delaware limited liability company (“Parent”) and PIV Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent.d865221d8k.htm
2019-12-068-K2019-12-048.01 Other Events8.01 As previously announced, Instructure, Inc., a Delaware corporation (the “Company”) is actively soliciting acquisition proposals for the acquisition of the Company subject to and in accordance with the terms and conditions set forth in that certain Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, PIV Purchaser, LLC, a Delaware limited liability company (“Purchaser”) and PIV Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Purchaser (“Merger Sub”).d815674d8k.htm
2019-12-048-K2019-12-041.01 Entry into a Material Definitive Agreement; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers1.01 Entry into a Material Definitive Agreement.
5.02 Effective as of December 4, 2019, Daniel T. Goldsmith, the Chief Executive Officer of the Company, and Matthew A. Kaminer, the Chief Legal Officer of the Company, each entered into a letter agreement (the “Letter Agreement”) with the Company.
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2019-12-048-K2019-12-048.01 Other Events8.01 On December 4, 2019, Instructure, Inc., a Delaware corporation (the “Company”) and Thoma Bravo, LLC, announced the execution of an Agreement and Plan of Merger, by and among the Company, PIV Purchaser, LLC, a Delaware limited liability company (“Parent”) and PIV Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”).d816713d8k.htm
2019-10-288-K2019-10-222.02 Results of Operations and Financial Condition; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers2.02 On October 28, 2019, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2019.
5.02 On October 22, 2019, Steven B. Kaminsky, the Company’s Chief Financial Officer, informed the Company that he intends to retire from the Company.
inst-8k_20191022.htm
2019-07-298-K2019-07-292.02 Results of Operations and Financial Condition2.02 On July 29, 2019, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2019.inst-8k_20190729.htm
2019-05-308-K2019-05-245.07 Submission of Matters to a Vote of Security Holders5.07 Instructure, Inc. (“Instructure”) held its 2019 Annual Meeting of Stockholders on May 24, 2019 (the “Annual Meeting”).inst-8k_20190524.htm
2019-05-218-K/A2019-05-202.02 Results of Operations and Financial Condition2.02 As previously disclosed, Instructure, Inc. (the “Company”) acquired Portfolium, Inc. (“Portfolium”) via merger on February 21, 2019 and MasteryConnect, Inc. (“MasteryConnect”) via merger on April 5, 2019.inst-8ka_20190520.htm
2019-05-218-K2019-05-202.02 Results of Operations and Financial Condition2.02 As previously disclosed, Instructure, Inc. (the “Company”) acquired Portfolium, Inc. (“Portfolium”) via merger on February 21, 2019 and MasteryConnect, Inc. (“MasteryConnect”) via merger on April 5, 2019.inst-8k_20190520.htm
2019-04-298-K2019-04-292.02 Results of Operations and Financial Condition2.02 On April 29, 2019, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended March 31, 2019.inst-8k_20190429.htm
2019-04-088-K2019-04-051.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.02 Unregistered Sales of Equity Securities1.01 Entry into a Material Definitive Agreement.
2.01 As previously disclosed, on April 1, 2019, Instructure, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Slick Rock Panda, Inc., a wholly owned subsidiary of the Company (“Merger Sub”), MasteryConnect, Inc. (“MasteryConnect”) and Stockholder Representative Services LLC, as Stockholders’ Agent.
3.02 The information disclosed under Item 2.01 of this Current Report is incorporated herein by reference.
inst-8k_20190405.htm
2019-04-028-K2019-04-011.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure1.01 Entry into a Material Definitive Agreement.
3.02 On April 1, 2019, Instructure, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Slick Rock Panda, Inc., a wholly owned subsidiary of the Company (“Merger Sub”), MasteryConnect, Inc. (“MasteryConnect”) and Stockholder Representative Services LLC, as Stockholders’ Agent.
7.01 Instructure reiterates its previously issued financial guidance for the full year 2019.
inst-8k_20190401.htm
2019-02-218-K2019-02-161.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.02 Unregistered Sales of Equity Securities1.01 Entry into a Material Definitive Agreement.
2.01 On February 16, 2019, Instructure, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Gas Lamp Mergers, Inc., a wholly owned subsidiary of the Company (“Merger Sub I”), Gas Lamp Mergers II, LLC, a wholly owned subsidiary of the Company (“Merger Sub II”), Portfolium, Inc. (“Portfolium”) and Fortis Advisors LLC, as Stockholders’ Agent.
3.02 The information disclosed under Item 2.01 of this Current Report is incorporated herein by reference.
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2019-02-198-K2019-02-192.02 Results of Operations and Financial Condition2.02 On February 19, 2019, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2018.inst-8k_20190219.htm
2019-01-258-K2019-01-235.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On January 23, 2019, the Compensation Committee of the Board of Directors of Instructure, Inc. met and determined the bonus amounts earned by the executive officers of Instructure, Inc. in 2018 pursuant to the bonus structure for 2018 performance, and determined to pay the bonus amounts in the form of restricted stock units (“RSUs”) instead of cash, setting the value of the RSUs at 125% of the amount of cash bonus earned.inst-8k_20190123.htm
2018-10-298-K2018-10-292.02 Results of Operations and Financial Condition; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers2.02 On October 29, 2018, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2018.
5.02 On October 29, 2018, the Company announced that the Board of Directors (the “Board”) appointed Dan Goldsmith as Chief Executive Officer, effective as of January 1, 2019.
inst-8k_20181029.htm
2018-07-308-K2018-07-302.02 Results of Operations and Financial Conditioninst-8k_20180730.htm
2018-06-018-K2018-05-245.07 Submission of Matters to a Vote of Security Holders5.07 Instructure, Inc. (“Instructure”) held its 2018 Annual Meeting of Stockholders on May 24, 2018 (the “Annual Meeting”).inst-8k_20180524.htm
2018-05-088-K2018-05-045.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On May 8, 2018, Instructure, Inc. (“Instructure”) announced the appointment of Dan Goldsmith as President, effective June 4, 2018.inst-8k_20180504.htm
2018-04-308-K2018-04-302.02 Results of Operations and Financial Condition2.02 On April 30, 2018, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended April 30, 2018.inst-8k_20180430.htm
2018-02-168-K2018-02-158.01 Other Events8.01 On February 15, 2018, we entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC and Credit Suisse Securities (USA) LLC (collectively, the “Underwriters”), relating to the issuance and sale (the “Offering”) of 2,500,000 shares of our common stock, par value $0.0001 per share.d503853d8k.htm
2018-02-128-K2018-02-122.02 Results of Operations and Financial Condition2.02 On February 12, 2018, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2017.inst-8k_20180212.htm
2018-01-248-K2018-01-235.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersinst-8k_20180123.htm
2017-11-288-K2017-11-221.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.02 Unregistered Sales of Equity Securities1.01 Entry into a Material Definitive Agreement.
2.01 On November 22, 2017, Instructure, Inc. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Praxis Merger Sub I, Inc., a wholly owned subsidiary of the Company (“Merger Sub I”), Praxis Merger Sub II, LLC, a wholly owned subsidiary of the Company (“Merger Sub II”), Practice XYZ, Inc. (“Practice XYZ”) and Entangled Ventures, LLC, as Stockholders’ Agent.
3.02 Pursuant to the Merger Agreement described in Item 2.01 of this Current Report, the Company issued an aggregate of 503,985 shares of common stock, including 52,811 shares held in escrow, in reliance on the exemption afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506 of Regulation D promulgated under the Securities Act.
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2017-10-308-K2017-10-302.02 Results of Operations and Financial Condition2.02 On October 30, 2017, Instructure, Inc. issued a press release announcing its financial results for the three months ended September 30, 2017.inst-8k_20171030.htm
2017-10-108-K2017-10-085.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On October 8, 2017, Marc T. Maloy resigned as the Executive Vice President of Worldwide Sales of Instructure, Inc. (“Instructure”).inst-8k_20171008.htm
2017-07-318-K2017-07-312.02 Results of Operations and Financial Condition; 8.01 Other Events2.02 On July 31, 2017, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended June 30, 2017.
8.01 The Chairs of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee alternate presiding over the executive sessions of the Company’s board of directors.
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2017-05-268-K2017-05-255.07 Submission of Matters to a Vote of Security Holders5.07 Instructure, Inc. (“Instructure”) held its 2017 Annual Meeting of Stockholders on May 25, 2017 (the “Annual Meeting”).inst-8k_20170525.htm
2017-05-018-K2017-05-012.02 Results of Operations and Financial Condition2.02 On May 1, 2017, Instructure, Inc. issued a press release announcing its financial results for the three months ended March 31, 2017.inst-8k_20170501.htm
2017-02-068-K2017-02-012.02 Results of Operations and Financial Condition; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers2.02 On February 6, 2017, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2016.
5.02 On February 1, 2017, the board of directors of the Company appointed Mitchell E. Macfarlane to the newly created position of Senior Vice President and Chief Operating Officer of the Company, effective February 3, 2017.
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2017-01-308-K/A2017-01-265.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersinst-8ka_20170127.htm
2017-01-278-K2017-01-265.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersinst-8k_20170126.htm
2016-11-168-K2016-11-155.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On November 15, 2016, Byron B. Deeter resigned his position as a director of Instructure, Inc. (the “Company”).inst-8k_20161115.htm
2016-11-158-K2016-11-101.01 Entry into a Material Definitive Agreement1.01 On November 10, 2016, Instructure, Inc. (the “Company”) entered into a new lease agreement in Pleasant Grove, Utah to facilitate the growth of its engineering, product and customer success teams.inst-8k_20161110.htm
2016-10-318-K2016-10-262.02 Results of Operations and Financial Condition; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers2.02 On October 31, 2016, Instructure, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended September 30, 2016.
5.02 On October 26, 2016, Adam D. Marcus resigned his position as a director of the Company.
inst-8k_20161026.htm
2016-08-018-K2016-08-012.02 Results of Operations and Financial Condition2.02 On August 1, 2016, Instructure, Inc. issued a press release announcing its financial results for the three and the six months ended June 30, 2016.inst-8k_20160801.htm
2016-05-268-K2016-05-255.07 Submission of Matters to a Vote of Security Holders5.07 Instructure, Inc. (“Instructure”) held its 2016 Annual Meeting of Stockholders on May 25, 2016 (the “Annual Meeting”).inst-8k_20160525.htm
2016-05-048-K2016-05-042.02 Results of Operations and Financial Condition2.02 On May 4, 2016, Instructure, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2016.inst-8k_20160504.htm
2016-02-098-K2016-02-092.02 Results of Operations and Financial Condition2.02 On February 9, 2016, Instructure, Inc. issued a press release announcing its financial results for the fourth quarter and the year ended December 31, 2015.inst-8k_20160209.htm
2016-02-018-K2016-01-265.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On January 26, 2016, the Compensation Committee of the Board of Directors of Instructure, Inc. reviewed the achievement of company and individual performance goals.inst-8k_20160126.htm
2015-11-188-K2015-11-185.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.03 On November 18, 2015, Instructure, Inc. (the “Company”) filed an amended and restated certificate of incorporation (the “Restated Certificate”) with the Secretary of State of the State of Delaware in connection with the closing of the Company’s initial public offering of shares of its common stock.d45173d8k.htm