SEC Form 4 · accession 0000899243-16-030817
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew F. Burton
Officer — Chief Operating Officer
Period of report
Oct 3, 2016
Accepted (ET)
Oct 4, 2016 · 4:30 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 | Oct 3, 2016 | A | 45,000 | $0.00 | A | 217,300 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3,F4 | $17.59 | Oct 3, 2016 | A | 90,000 | A | — | Oct 3, 2026 | Common Stock | 90,000 | 90,000 | D |
Explanation of responses
- F1This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended, to the Reporting Person in connection with his appointment to the newly created role of Chief Operating Officer of the Issuer. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2The restricted stock unit grant vests in sixteen equal quarterly installments on the 15th day of each calendar quarter beginning on November 15, 2016, subject to the Reporting Person's continued service with the Issuer.
- F3This option was granted under the Issuer's 2015 Equity Incentive Plan, as amended, to the Reporting Person in connection with his appointment to the the newly created role of Chief Operating Officer of the Issuer.
- F4This option shall vest and become exercisable in sixteen equal quarterly installments on the 15th day of each calendar quarter beginning on November 15, 2016, subject to the Reporting Person's continued service with the Issuer.