Rapid7 director granted 15,208 RSUs
BURNS MIKE reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
BURNS MIKE reported acquisition or exercise transactions in this Form 4 filing.
Rapid7, Inc. director Mike Burns reported an equity compensation grant in the form of 15,208 restricted stock units, each representing a right to receive one share of common stock. The grant vests in full on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date, subject to his continued service. Following this award, he holds 31,405 shares of common stock directly and 5,000 shares indirectly as trustee of The Burns Living Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 15,208 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (3)
- 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.
- F3. Represents shares held by the Reporting Person as Trustee of The Burns Living Trust.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vesting financial
The Burns Living Trust financial
FAQ
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What insider transaction did Rapid7 (RPD) director Mike Burns report?
How do Mike Burns’s new Rapid7 (RPD) restricted stock units vest?
What does each Rapid7 (RPD) restricted stock unit reported by Mike Burns represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.