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Rapid7, Inc. — Director's Dealing 2017
Feb 24, 2017
32055_dirs_2017-02-24_a67039d6-1033-45a2-8066-2f3d10b9e71d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Rapid7, Inc. (RPD)
CIK: 0001560327
Period of Report: 2017-02-22
Reporting Person: Weiner Lee David (Chief Product Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-22 | Common Stock | M | 15000 | $5.05 | Acquired | 73644 | Direct |
| 2017-02-22 | Common Stock | S | 15000 | $15.5364 | Disposed | 58644 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-22 | Employee Stock Option (Right to Buy) | $5.05 | M | 15000 | Disposed | 2023-03-12 | Common Stock (15000) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2016.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.40 to $15.74, 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.
F3: One-fourth of the shares underlying the option vested on March 12, 2014, 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.