SEC Form 4 · accession 0000899243-16-022942
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher David Young
Director
Period of report
Jun 13, 2016
Accepted (ET)
Jun 15, 2016 · 4:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001560327
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 13, 2016 | A | 6,891 | $0.00 | A | 81,799 | D | |
| Common StockF3 | holding | — | — | — | 53,317 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $14.51 | Jun 13, 2016 | A | 15,174 | A | — | Jun 13, 2026 | Common Stock | 15,174 | 15,174 | D |
Explanation of responses
- F1This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2This restricted stock unit grant vests in full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
- F3These shares are held by the Christopher D. Young Revocable Trust (the "Trust"), of which Christopher Young is the sole trustee. The Reporting Person has sole voting and dispositive power over the held shares by the Trust. The Reporting Person disclaims beneficial ownership of the shares owned by the Trust, except to the extent of his pecuniary interest therein.
- F4This option vests in full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.