Corey E. Thomas - Oct 18, 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Oct 18, 2021
Transactions value $
-$3,697,158
Form type
4
Date filed
10/20/2021, 04:13 PM
Previous filing
Aug 31, 2021
Next filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Sale -$516K -4.28K -7.14% $120.48 55.7K Oct 18, 2021 By Trust F1, F2, F3
transaction RPD COMMON STOCK Sale -$411K -3.38K -6.07% $121.49 52.3K Oct 18, 2021 By Trust F1, F3, F4
transaction RPD COMMON STOCK Sale -$822K -6.72K -12.84% $122.31 45.6K Oct 18, 2021 By Trust F1, F3, F5
transaction RPD COMMON STOCK Sale -$170K -1.38K -3.02% $123.49 44.2K Oct 18, 2021 By Trust F1, F3, F6
transaction RPD COMMON STOCK Sale -$528K -4.24K -9.59% $124.42 40K Oct 18, 2021 By Trust F1, F3, F7
transaction RPD COMMON STOCK Sale -$1.25M -10K -25% $125.10 30K Oct 19, 2021 By Trust F1, F3
holding RPD COMMON STOCK 340K Oct 18, 2021 Direct
holding RPD COMMON STOCK 219K Oct 18, 2021 By Thomas Family Holdings LLC F8

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 Corey E. Thomas Irrevocable Trust of 2016 on September 2, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.01 to $121, 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 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.02 to $122.01, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.02 to $122.72, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.13 to $124.08, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.15 to $124.80, 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.
F8 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.