Lee David Weiner - 15 May 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Issuer symbol
RPD
Transactions as of
15 May 2021
Net transactions value
-$1,100,122
Form type
4
Filing time
18 May 2021, 16:26:14 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Tax liability $499,731 -6,168 -4.2% $81.02 140,357 15 May 2021 Direct F1
transaction RPD COMMON STOCK Sale $424,094 -5,344 -3.8% $79.36 135,013 18 May 2021 Direct F2, F3
transaction RPD COMMON STOCK Sale $176,296 -2,206 -1.6% $79.92 132,807 18 May 2021 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy Mr. Weiner's tax withholding obligation upon the vesting of restricted stock units previously granted to Mr. Weiner on February 1, 2018, January 31, 2019, January 30, 2020 and February 2, 2021.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.74 to $79.66, 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 $79.78 to $79.99, 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.