Rapid7 director granted 15,208 RSUs
Galligan Kevin G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Galligan Kevin G. reported acquisition or exercise transactions in this Form 4 filing.
Rapid7, Inc. reported that director Kevin G. Galligan was granted 15,208 restricted stock units (RSUs) of common stock as compensation for his service on the Board of Directors under the company’s 2015 Equity Incentive Plan.
Each RSU represents a contingent right to receive one share of Rapid7 common stock. The award vests in full on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date, subject to Mr. Galligan’s continued service. All rights to any shares issuable upon vesting have been assigned so that settlement will be made to JANA Partners Management, LP.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 15,208 | $0.00 | $0.00 |
Footnotes (3)
- F1. This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended, as a grant to the Reporting Person, in connection with his service on the Issuer's Board of Directors. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2. This restricted stock unit grant vests in full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
- F3. The Reporting Person has assigned all rights to any shares issuable pursuant to the grant to JANA Partners Management, LP ("JANA"). Pursuant to the assignment, settlement of the award on vesting will be made to JANA.
Key Figures
Key Terms
restricted stock units financial
2015 Equity Incentive Plan financial
Board of Directors financial
contingent right financial
vesting date financial
FAQ
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What insider transaction did Rapid7 (RPD) disclose for Kevin G. Galligan?
How many Rapid7 (RPD) restricted stock units were granted in this Form 4?
When do Kevin G. Galligan’s Rapid7 (RPD) RSUs vest?
What is the transaction price for the Rapid7 (RPD) RSU grant in the Form 4?
Is this Rapid7 (RPD) Form 4 a buy or sell transaction?
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