Filing Details

Accession Number:
0001560327-18-000112
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-17 16:12:41
Reporting Period:
2018-08-15
Accepted Time:
2018-08-17 16:12:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1560327 Rapid7 Inc. RPD Services-Prepackaged Software (7372) 352423994
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1647617 David Lee Weiner C/O Rapid7, Inc.
100 Summer Street
Boston MA 02110
Chief Product 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 2018-08-15 3,750 $12.47 145,221 No 4 M Direct
Common Stock Acquisiton 2018-08-15 17,500 $12.98 162,721 No 4 M Direct
Common Stock Disposition 2018-08-15 21,250 $32.13 141,471 No 4 S Direct
Common Stock Disposition 2018-08-15 4,444 $32.18 137,027 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 F 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 2018-08-15 3,750 $0.00 3,750 $12.47
Common Stock Employee Stock Option (Right to Buy) Disposition 2018-08-15 17,500 $0.00 17,500 $12.98
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
37,500 2027-01-31 No 4 M Direct
22,500 2026-02-02 No 4 M Direct
Footnotes
  1. The 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.80 to $32.37, 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.
  3. Represents shares withheld by the Issuer to satisfy Mr. Weiner's tax withholding obligation upon the vesting of restricted stock units previously granted to Mr. Weiner on February 2, 2016, January 31, 2017 and February 1, 2018.
  4. The 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.
  5. The shares underlying this option vest and become exercisable in 16 equal quarterly installments, with the first installment vesting on May 15, 2016, subject to the reporting person's continued service with the Issuer through each vesting date.