SEC Form 4 · accession 0000899243-17-002590
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee David Weiner
Officer — Chief Product Officer
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:46 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 31, 2017 | A | 30,000 | $0.00 | A | 59,235 | 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 | $12.47 | Jan 31, 2017 | A | 60,000 | A | — | Jan 31, 2027 | Common Stock | 60,000 | 60,000 | 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 sixteen equal quarterly installments, with the first installment vesting on May 15, 2017, subject to the Reporting Person's continued service with the Issuer.
- F3This option vests and becomes exercisable in sixteen equal quarterly installments, with the first installment vesting on May 15, 2017, subject to the Reporting Person's continued service with the Issuer.