Rapid7 director receives 15,208 stock units
Brown Marc Evan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Marc Evan reported acquisition or exercise transactions in this Form 4 filing.
Rapid7, Inc. director Marc Evan Brown reported receiving a grant of 15,208 shares of common stock in the form of restricted stock units. These units were granted at no cash cost and each unit represents a right to receive one Rapid7 common share in the future.
The restricted stock units vest in full on the earlier of the company’s next annual stockholder meeting after the grant date or the first anniversary of the grant, assuming Brown continues serving the company through that date. After this award, he directly holds 67,090 shares of Rapid7 common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 15,208 | $0.00 | $0.00 |
Footnotes (2)
- F1. This security represents restricted stock units. 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.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vesting date financial
FAQ
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What insider transaction did Rapid7 (RPD) report for Marc Evan Brown?
Is the Rapid7 (RPD) Form 4 transaction a stock purchase or sale?
When do Marc Evan Brown’s Rapid7 (RPD) restricted stock units vest?
What does a restricted stock unit (RSU) mean for Rapid7 (RPD) insiders?
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