SEC Form 4 · accession 0000899243-17-028163
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
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 4:10 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 | Dec 5, 2017 | M | 20,000 | $9.77 | A | 74,448 | D | |
| Common StockF2 | Dec 5, 2017 | S | 20,000 | $18.4127 | D | 54,448 | 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 | $9.77 | Dec 5, 2017 | M | 20,000 | D | — | Feb 4, 2025 | Common Stock | 20,000 | 30,000 | 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 May 16, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.27 to $18.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The shares underlying this option vest and become exercisable in 48 equal monthly installments beginning on March 4, 2015, subject to the reporting person's continuous service through each vesting date.