SEC Form 4 · accession 0000899243-17-016383
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Nye
Director · 10% Owner
Period of report
Jun 12, 2017
Accepted (ET)
Jun 14, 2017 · 4:27 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 12, 2017 | A | 5,865 | $0.00 | D | 12,756 | D | |
| Common StockF4,F5 | holding | — | — | — | 7,581,230 | I | See Footnotes |
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 | $17.05 | Jun 12, 2017 | A | 12,384 | A | — | Jun 12, 2027 | Common Stock | 12 | 12,384 | 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 the grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
- F3This 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.
- F4Represents shares of Common Stock held directly by Bain Capital Venture Fund 2007, L.P., BCIP Venture Associates and BCIP Venture Associates-B (collectively, the "Bain Capital Entities").
- F5The governance, investment strategy and decision making process with respect to investments held by the Bain Capital Entities is directed by the Executive Committee of Bain Capital Ventures Investors, LLC ("BCVI"). Mr. Nye is a Managing Director of BCVI. By virtue of the relationships described in these footnotes, Mr. Nye may be deemed to share voting and dispositive power with respect to the securities held by the Bain Capital Entities. Mr. Nye disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.