Corey E. Thomas - Sep 22, 2022 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Sep 22, 2022
Transactions value $
$333,300
Form type
4
Date filed
9/26/2022, 04:18 PM
Previous filing
Sep 2, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Options Exercise $333K +66K +17.64% $5.05* 440K Sep 22, 2022 Direct F1, F2
holding RPD COMMON STOCK 219K Sep 22, 2022 By Thomas Family Holdings LLC F3
holding RPD COMMON STOCK 30K Sep 22, 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 -66K -20.9% $0.00 250K Sep 22, 2022 COMMON STOCK 66K $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 stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2022, as amended.
F2 Includes 254 shares acquired under the Rapid7, Inc. 2015 Employee Stock Purchase Plan on September 15, 2022.
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.