Corey E. Thomas - Mar 17, 2022 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Mar 17, 2022
Transactions value $
-$4,747,560
Form type
4
Date filed
3/21/2022, 04:21 PM
Previous filing
Feb 17, 2022
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Options Exercise $253K +50K +12.56% $5.05* 448K Mar 17, 2022 Direct F1
transaction RPD COMMON STOCK Sale -$5M -50K -11.16% $100.00 398K Mar 17, 2022 Direct F1, F2
holding RPD COMMON STOCK 219K Mar 17, 2022 By Thomas Family Holdings LLC F3
holding RPD COMMON STOCK 30K Mar 17, 2022 By Trust F4

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 -13.67% $0.00 316K Mar 17, 2022 COMMON STOCK 50K $5.05 Direct F1, F5
* 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 $100.00 to $100.08, 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 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.
F4 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.
F5 Immediately exercisable.