Corey E. Thomas - Nov 2, 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Nov 2, 2021
Transactions value $
-$14,779,941
Form type
4
Date filed
11/4/2021, 09:01 PM
Previous filing
Oct 20, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Options Exercise $253K +50K +14.7% $5.05* 390K Nov 2, 2021 Direct F1
transaction RPD COMMON STOCK Sale -$760K -6.23K -1.6% $121.98 384K Nov 2, 2021 Direct F1, F2
transaction RPD COMMON STOCK Sale -$2.47M -20.1K -5.25% $122.77 364K Nov 2, 2021 Direct F1, F3
transaction RPD COMMON STOCK Sale -$2.04M -16.4K -4.52% $123.94 347K Nov 2, 2021 Direct F1, F4
transaction RPD COMMON STOCK Sale -$618K -4.91K -1.41% $125.86 342K Nov 2, 2021 Direct F1, F5
transaction RPD COMMON STOCK Sale -$288K -2.28K -0.67% $126.29 340K Nov 2, 2021 Direct F1, F6
transaction RPD COMMON STOCK Options Exercise $253K +50K +14.7% $5.05* 390K Nov 3, 2021 Direct F1
transaction RPD COMMON STOCK Sale -$128K -1.05K -0.27% $121.75 389K Nov 3, 2021 Direct F1, F7
transaction RPD COMMON STOCK Sale -$529K -4.31K -1.11% $122.86 385K Nov 3, 2021 Direct F1, F8
transaction RPD COMMON STOCK Sale -$657K -5.3K -1.38% $123.89 380K Nov 3, 2021 Direct F1, F9
transaction RPD COMMON STOCK Sale -$1.54M -12.3K -3.24% $125.28 367K Nov 3, 2021 Direct F1, F10
transaction RPD COMMON STOCK Sale -$2.35M -18.6K -5.07% $126.13 349K Nov 3, 2021 Direct F1, F11
transaction RPD COMMON STOCK Sale -$631K -4.96K -1.42% $127.27 344K Nov 3, 2021 Direct F1, F12
transaction RPD COMMON STOCK Sale -$442K -3.46K -1.01% $127.98 340K Nov 3, 2021 Direct F1, F13
transaction RPD COMMON STOCK Options Exercise $111K +21.9K +6.44% $5.05* 362K Nov 4, 2021 Direct F1
transaction RPD COMMON STOCK Sale -$207K -1.6K -0.44% $129.30 361K Nov 4, 2021 Direct F1, F14
transaction RPD COMMON STOCK Sale -$104K -800 -0.22% $129.95 360K Nov 4, 2021 Direct F1
transaction RPD COMMON STOCK Sale -$186K -1.4K -0.39% $132.71 358K Nov 4, 2021 Direct F1, F15
transaction RPD COMMON STOCK Sale -$994K -7.42K -2.07% $133.88 351K Nov 4, 2021 Direct F1, F16
transaction RPD COMMON STOCK Sale -$1.07M -7.91K -2.25% $134.86 343K Nov 4, 2021 Direct F1, F17
transaction RPD COMMON STOCK Sale -$209K -1.54K -0.45% $136.23 341K Nov 4, 2021 Direct F1, F18
transaction RPD COMMON STOCK Sale -$176K -1.24K -0.36% $142.02 340K Nov 4, 2021 Direct F1, F19
holding RPD COMMON STOCK 219K Nov 2, 2021 By Thomas Family Holdings LLC F20
holding RPD COMMON STOCK 30K Nov 2, 2021 By Trust F21

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RPD Stock Option (Right to Buy) Options Exercise $0 -50K -10.25% $0.00 438K Nov 2, 2021 COMMON STOCK 50K $5.05 Direct F1, F22
transaction RPD Stock Option (Right to Buy) Options Exercise $0 -50K -11.43% $0.00 388K Nov 3, 2021 COMMON STOCK 50K $5.05 Direct F1, F22
transaction RPD Stock Option (Right to Buy) Options Exercise $0 -21.9K -5.65% $0.00 366K Nov 4, 2021 COMMON STOCK 21.9K $5.05 Direct F1, F22
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 7, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.37 to $122.12, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.38 to $123.04, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.38 to $124.29, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.24 to $126.18, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.27 to $126.84, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.33 to $122.26, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.34 to $123.18, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.40 to $124.27, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.64 to $125.62, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.64 to $126.63, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.665 to $127.64, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.675 to $128.115, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.89 to $129.43, 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.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.19 to $133.11, 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.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.40 to $134.35, 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.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.40 to $135.31, 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.63 to $136.51, 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.86 to $142.77, 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.
F20 Represents shares held by the Thomas Family Holdings LLC ("LLC"). The Reporting Person is the manager of LLC and has the power to vote and dispose of the shares held by LLC. The Reporting Person disclaims beneficial ownership of the shares owned by LLC except to the extent of his pecuniary interest therein.
F21 Represents shares held by the Corey E. Thomas Irrevocable Trust of 2016, which is administrated by an independent trustee, and is for the benefit of the Reporting Person's immediate and other family members. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F22 Immediately exercisable.