Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
EPIC VENTURE FUND IV, LLC
  2. Issuer Name and Ticker or Trading Symbol
INSTRUCTURE INC [INST]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O EPIC VENTURES, 15 W. SOUTH TEMPLE #500
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2016
(Street)

SALT LAKE CITY, UT 84101
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/15/2016(5)   S   98,983 D (5) 2,461,729 D (1)  
Common Stock 09/15/2016(6)   S   44,605 D (6) 1,109,338 I By Zions SBIC LLC (2)
Common Stock 09/15/2016(7)   S   1,450 D (7) 36,057 I By Kent I. Madsen (3)
Common Stock 09/15/2016(8)   S   1,450 D (8) 36,057 I By NKE Investments, LLC (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
EPIC VENTURE FUND IV, LLC
C/O EPIC VENTURES
15 W. SOUTH TEMPLE #500
SALT LAKE CITY, UT 84101
    X    
ZIONS SBIC LLC
C/O EPIC VENTURES
15 W. SOUTH TEMPLE #500
SALT LAKE CITY, UT 84101
    X    
MADSEN KENT
C/O EPIC VENTURES
15 W. SOUTH TEMPLE #500
SALT LAKE CITY, UT 84101
    X    
Efstratis E. Nicholaus
C/O EPIC VENTURES
15 W. SOUTH TEMPLE #500
SALT LAKE CITY, UT 84101
    X    

Signatures

 /s/ Kent I. Madsen, Manager of Epic Management Partners, LLC, Investment Manager of Epic Venture Fund IV, LLC   09/19/2016
**Signature of Reporting Person Date

 /s/ Kent I. Madsen, Manager of ZWMC, IV, L.L.C., Investment Manager of Zions SBIC LLC   09/19/2016
**Signature of Reporting Person Date

 /s/ Kent I. Madsen, an individual   09/19/2016
**Signature of Reporting Person Date

 /s/ E. Nicholaus Efstratis, an individual   09/19/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Epic Management Partners, LLC (EMP) is the investment manager of Epic Venture Fund IV, LLC (EVF IV) and has sole voting and investment power with regard to the shares held directly by EVF IV. E. Nicholaus Efstratis (Mr. Efstratis) and Kent I. Madsen (Mr. Madsen) are the managers of EMP and, therefore, may be deemed to share voting and investment power with regard to the shares held by EVF IV. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose.
(2) ZWMC IV, L.L.C. (ZWMC) is the investment manager of Zions SBIC LLC (Zions SBIC) and has sole voting and investment power with regard to the shares held directly by Zions SBIC. Mr. Efstratis and Mr. Madsen are the managers of ZWMC and, therefore, may be deemed to share voting and investment power with regard to the shares held by Zions SBIC. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The inclusion of these securities shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or any other purpose.
(3) These shares are owned directly by Mr. Madsen.
(4) Mr. Efstratis has voting and dispositive power with respect to the shares held by NKE Investments, LLC (NKE Investments).
(5) EVF IV sold 19,663 shares of Common Stock of the Issuer at $24.09 per share on September 15, 2016; 49,428 shares of Common Stock of the Issuer at $24.09 per share on September 16, 2016; and 29,892 shares of Common Stock of the Issuer at $24.46 on September 19, 2016.
(6) Zions ZBIC sold 8,861 shares of Common Stock of the Issuer at $24.09 per share on September 15, 2016; 22,274 shares of Common Stock of the Issuer at $24.09 per share on September 16, 2016; and 13,470 shares of Common Stock of the Issuer at $24.46 on September 19, 2016.
(7) Mr. Madsen sold 288 shares of Common Stock of the Issuer at $24.09 per share on September 15, 2016; 724 shares of Common Stock of the Issuer at $24.09 per share on September 16, 2016; and 438 shares at $24.46 on September 19, 2016.
(8) NKE Investments sold 288 shares of Common Stock of the Issuer at $24.09 per share on September 15, 2016; 724 shares of Common Stock of the Issuer at $24.09 per share on September 16, 2016; and 438 shares of Common Stock of the Issuer at $24.46 on September 19, 2016.

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