Corey E. Thomas - May 28, 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Role
CEO, Director
Signature
/s/ Peter Kaes, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
May 28, 2021
Transactions value $
-$363,932
Form type
4
Date filed
6/2/2021, 04:17 PM
Previous filing
May 17, 2021
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Options Exercise $23K +4.55K +1.28% $5.05* 359K May 28, 2021 Direct F1
transaction RPD COMMON STOCK Sale -$387K -4.55K -1.27% $85.00 355K May 28, 2021 Direct F1
holding RPD COMMON STOCK 219K May 28, 2021 By Thomas Family Holdings LLC F2
holding RPD COMMON STOCK 60K May 28, 2021 By Trust F3

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 -4.55K -0.86% $0.00 527K May 28, 2021 COMMON STOCK 4.55K $5.05 Direct F1, F4
* 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 November 9, 2020.
F2 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.
F3 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.
F4 Immediately exercisable.