Jeffrey Kalowski - May 28, 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Role: Chief Financial Officer
Signature: /s/ Peter Kaes, Attorney-in-Fact
Stock symbol: RPD
Transactions as of: May 28, 2021
Transactions value $: -$278,894
Form type: 4
Date filed: 6/2/2021, 04:16 PM
Previous filing: May 18, 2021
Next filing: Jun 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RPD	COMMON STOCK	Options Exercise	$48.4K	+3.85K	+1.72%	$12.56^*	228K	May 28, 2021	Direct	F1
transaction	RPD	COMMON STOCK	Sale	-$327K	-3.85K	-1.69%	$85.00	224K	May 28, 2021	Direct	F1

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	Employee Stock Option (Right to Buy)	Options Exercise	$0	-3.85K	-16.68%	$0.00	19.2K	May 28, 2021	COMMON STOCK	3.85K	$12.56	Direct	F1, F2

* 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 February 19, 2021.
F2	This option shall vest and become exercisable over four years with 25% of the shares underlying this option vesting on January 15, 2018, and 6.25% of the shares underlying this option vesting on the 15th day of each calendar quarter thereafter, subject to the Reporting Person's continued service with the Issuer.