Filing Details

Accession Number:
0000899243-16-031981
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-19 16:10:25
Reporting Period:
2016-10-17
Filing Date:
2016-10-19
Accepted Time:
2016-10-19 16:10:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1560327 Rapid7 Inc. RPD () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1465929 Steven Gatoff C/O Rapid7, Inc.
100 Summer Street
Boston MA 02110
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-10-17 15,000 $5.05 86,629 No 4 M Direct
Common Stock Disposition 2016-10-17 14,600 $15.05 72,029 No 4 S Direct
Common Stock Disposition 2016-10-17 400 $15.90 71,629 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2016-10-17 15,000 $0.00 15,000 $5.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
274,251 2023-03-12 No 4 M Direct
Footnotes
  1. Includes 1,443 shares acquired under the Rapid7, Inc. 2015 Employee Stock Purchase Plan on September 15, 2016.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2016.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.70 to $15.68, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.79 to $16.00, 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.
  5. As of the transaction date, 276,573 shares subject to the option were immediately exercisable. One-fourth of the shares underlying the option vested on December 15, 2013, 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.