SEC Form 4 · accession 0001560327-18-000090
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
Jun 14, 2018
Accepted (ET)
Jun 18, 2018 · 4:10 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 STOCK | Jun 14, 2018 | M | 3,125 | $9.77 | A | 144,596 | D | |
| COMMON STOCK | Jun 14, 2018 | M | 18,750 | $12.47 | A | 163,346 | D | |
| COMMON STOCKF2 | Jun 14, 2018 | S | 21,875 | $33.6247 | D | 141,471 | 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 | Jun 14, 2018 | M | 3,125 | D | — | Feb 4, 2025 | COMMON STOCK | 3,125 | 8,334 | D |
| Employee Stock Option (Right to Buy)F4 | $12.47 | Jun 14, 2018 | M | 18,750 | D | — | Jan 31, 2027 | COMMON STOCK | 18,750 | 41,250 | 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 March 15, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.01 to $33.88, 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, with the first installment vesting on March 4, 2015, subject to the reporting person's continuous service with the Issuer through each vesting date.
- F4The shares underlying this option vest and become exercisable in 16 equal quarterly installments, with the first installment vesting on May 15, 2017, subject to the reporting person's continued service with the Issuer through each vesting date.