SEC Form 4 · accession 0000899243-17-004045
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
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 6:05 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 Stock | Feb 10, 2017 | M | 15,000 | $5.05 | A | 74,235 | D | |
| Common Stock | Feb 10, 2017 | S | 15,000 | $14.00 | D | 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)F2 | $5.05 | Feb 10, 2017 | M | 15,000 | D | — | Mar 12, 2023 | Common Stock | 15,000 | 56,125 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2016.
- F2One-fourth of the shares underlying the option vested on March 12, 2014, and the remaining shares vest and become exercisable in 36 equal monthly installments thereafter, subject to the reporting person's continuous service through each vesting date.