SEC Form 4 · accession 0000899243-17-001102
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Kalowski
Officer — Chief Financial Officer
Period of report
Jan 9, 2017
Accepted (ET)
Jan 11, 2017 · 4:07 pm EST
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 | Jan 9, 2017 | A | 179,140 | $0.00 | A | 179,140 | 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 | $12.56 | Jan 9, 2017 | A | 369,366 | A | — | Jan 9, 2027 | Common Stock | 369,366 | 369,366 | 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 as Chief Financial 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 over four years with 25% of the shares underlying the restricted stock unit grant vesting on January 15, 2018, and 6.25% of the shares underlying the restricted stock unit grant vesting on the 15th day of each calendar quarter thereafter, 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 as Chief Financial Officer of the Issuer.
- F4This option shall vest and become exercisable over four years with 25% of the shares underlying this option vesting on January 15, 2018, and 6.25% of the shares underlying this option vesting on the 15th day of each calendar quarter thereafter, subject to the Reporting Person's continued service with the Issuer.