Filing Details

Accession Number:
0001560327-19-000086
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-17 16:10:43
Reporting Period:
2019-05-15
Accepted Time:
2019-05-17 16:10:43
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
1608600 Jeffrey Kalowski 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 2019-05-15 35,000 $12.56 177,093 No 4 M Direct
Common Stock Disposition 2019-05-15 7,885 $51.14 169,208 No 4 S Direct
Common Stock Disposition 2019-05-15 29,615 $51.88 139,593 No 4 S Direct
Common Stock Disposition 2019-05-15 1,332 $52.02 138,261 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 2019-05-15 35,000 $0.00 35,000 $12.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
284,366 2027-01-09 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 June 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 $50.58 to $51.57, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.59 to $52.22, 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. Represents shares withheld by the Issuer to satisfy Mr. Kalowski's tax withholding obligation upon the vesting of restricted stock units previously granted to Mr. Kalowski on January 31, 2019.
  5. This option shall vest and become exercisable over four years with 25% of the shares underlying this option vesting on January 15, 2018, and 6.25% of the shares underlying this option vesting on the 15th day of each calendar quarter thereafter, subject to the Reporting Person's continued service with the Issuer.