The present disclosure provides a surgical instrument that creates a vacuum seal between a prosthetic component and a surgical instrument to grasp the prosthetic component so that the surgical instrument may be utilized to manipulate the prosthetic component relative to an anatomical structure. The surgical instrument is further designed to be used as an impactor capable of receiving and transferring an impaction force for seating the prosthetic component relative to the anatomical structure without the surgical instrument losing its grasp on the prosthetic component. The surgical instrument of the present disclosure includes a suction device which may be selectively released once the prosthetic component is appropriately positioned and seated relative to the anatomical structure. Such selective release prevents disruption of the positioning of the prosthetic component and facilitates proper placement and implantation of the prosthetic component.