SEC Form 4 · accession 0001406509-19-000001
Rapid7, Inc. · RPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 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 | Feb 22, 2019 | S | 33,567 | $46.0132 | D | 0 | I | Goose Rocks Beach Partners, L.P. |
| Common StockF3,F4 | Feb 22, 2019 | S | 10,600 | $45.9992 | D | 0 | I | Yuan Family Trust dated 9/22/2006 |
| Common StockF5 | holding | — | — | — | 5,299 | I | TCV VII Management, L.L.C. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This number represents a weighted average sales price. The shares were sold at prices ranging from $45.87 to $46.23. The Reporting Person hereby undertakes to provide upon request by the Staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- F2Richard H. Kimball is the General Partner of Goose Rocks Beach Partners, L.P. Mr. Kimball disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F3This number represents a weighted average sales price. The shares were sold at prices ranging from $45.80 to $46.10. The Reporting Person hereby undertakes to provide upon request by the Staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.
- F4David L. Yuan is a Trustee of the Yuan Family Trust dated 9/22/2006. Mr. Yuan disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F5Represents restricted stock units ("RSUs") held of record by Timothy P. McAdam, for the benefit of TCV VII Management, L.L.C. ("TCV VII Management"). Each RSU represents a contingent right to receive one share of common stock the issuer. The RSUs vest 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 Mr. McAdam's continued service with the issuer through the applicable vesting date. Mr. Kimball and five other people (the "TCM Members") are members of TCV VII Management. The TCM Members each disclaim beneficial ownership of such RSUs and the underlying shares of the issuer's common stock except to the extent of their respective pecuniary interest therein.