Instructure, Inc. (INST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 15, 2016, Byron B. Deeter resigned his position as a director of Instructure, Inc. (the “Company”). Mr. Deeter did not resign due to any disagreement with the Company, its management, board of directors (the “Board”) or any committee of the Board on any matters relating to the Company’s operations, policies or practices. Mr. Deeter joined the Board in 2013. The Company thanks Mr. Deeter for his significant contributions during his tenure as a director.

On November 15, 2016, the Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Kevin B. Thompson as a director of the Company, effective November 16, 2016.  

Mr. Thompson will serve until the Company’s 2017 annual meeting of stockholders.  As a member of the Board, Mr. Thompson will receive compensation for his service as set forth in the Instructure Non-Employee Director Compensation Policy, as described under the caption “Non-Employee Director Compensation Policy” on page 28 of Instructure’s proxy statement filed with the Securities and Exchange Commission on April 8, 2016.  Instructure intends to enter into its standard form of indemnity agreement with Mr. Thompson. The form of indemnity agreement is filed as Exhibit 10.2 to the Company’s Registration Statement on Form S-1 (File No. 333-207349) filed with the Securities and Exchange Commission on October 9, 2015.

About Instructure, Inc. (INST)