Corey E. Thomas - 02 Nov 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Reporting relationship: CEO, Director
Issuer ticker: RPD
Reported as of: 02 Nov 2021
Net transaction value: -$14,779,941
SEC form: 4
Accepted by SEC: 04 Nov 2021, 21:01:28 UTC
Prior SEC filing: 20 Oct 2021
Next SEC filing: 17 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ Peter Kaes, Attorney-in-Fact

Key filing fact

Corey E. Thomas filed Form 4 for Rapid7, Inc. (RPD) on 04 Nov 2021.

Key facts

This page summarizes Corey E. Thomas's Form 4 filing for Rapid7, Inc. (RPD).
25 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 04 Nov 2021, 21:01.

Change

Previous filing in this sequence was filed on 20 Oct 2021.
Current net transaction value: -$14,779,941.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RPD transaction

COMMON STOCK

Options Exercise

Transaction value: $252,500
Shares: +50,000
Change %: +15%
Price: $5.05^*
Shares after: 390,200
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $759,914
Shares: -6,230
Change %: -1.6%
Price: $121.98
Shares after: 383,970
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1, F2

RPD transaction

COMMON STOCK

Sale

Transaction value: $2,473,053
Shares: -20,143
Change %: -5.2%
Price: $122.77
Shares after: 363,827
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1, F3

RPD transaction

COMMON STOCK

Sale

Transaction value: $2,036,468
Shares: -16,431
Change %: -4.5%
Price: $123.94
Shares after: 347,396
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1, F4

RPD transaction

COMMON STOCK

Sale

Transaction value: $618,202
Shares: -4,912
Change %: -1.4%
Price: $125.86
Shares after: 342,484
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1, F5

RPD transaction

COMMON STOCK

Sale

Transaction value: $288,441
Shares: -2,284
Change %: -0.67%
Price: $126.29
Shares after: 340,200
Date: 02 Nov 2021
Ownership: Direct
Footnotes: F1, F6

RPD transaction

COMMON STOCK

Options Exercise

Transaction value: $252,500
Shares: +50,000
Change %: +15%
Price: $5.05^*
Shares after: 390,200
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $128,083
Shares: -1,052
Change %: -0.27%
Price: $121.75
Shares after: 389,148
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F7

RPD transaction

COMMON STOCK

Sale

Transaction value: $529,385
Shares: -4,309
Change %: -1.1%
Price: $122.86
Shares after: 384,839
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F8

RPD transaction

COMMON STOCK

Sale

Transaction value: $656,625
Shares: -5,300
Change %: -1.4%
Price: $123.89
Shares after: 379,539
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F9

RPD transaction

COMMON STOCK

Sale

Transaction value: $1,539,659
Shares: -12,290
Change %: -3.2%
Price: $125.28
Shares after: 367,249
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F10

RPD transaction

COMMON STOCK

Sale

Transaction value: $2,350,681
Shares: -18,637
Change %: -5.1%
Price: $126.13
Shares after: 348,612
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F11

RPD transaction

COMMON STOCK

Sale

Transaction value: $630,873
Shares: -4,957
Change %: -1.4%
Price: $127.27
Shares after: 343,655
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F12

RPD transaction

COMMON STOCK

Sale

Transaction value: $442,184
Shares: -3,455
Change %: -1%
Price: $127.98
Shares after: 340,200
Date: 03 Nov 2021
Ownership: Direct
Footnotes: F1, F13

RPD transaction

COMMON STOCK

Options Exercise

Transaction value: $110,620
Shares: +21,905
Change %: +6.4%
Price: $5.05^*
Shares after: 362,105
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $206,872
Shares: -1,600
Change %: -0.44%
Price: $129.30
Shares after: 360,505
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F14

RPD transaction

COMMON STOCK

Sale

Transaction value: $103,960
Shares: -800
Change %: -0.22%
Price: $129.95
Shares after: 359,705
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $185,662
Shares: -1,399
Change %: -0.39%
Price: $132.71
Shares after: 358,306
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F15

RPD transaction

COMMON STOCK

Sale

Transaction value: $993,920
Shares: -7,424
Change %: -2.1%
Price: $133.88
Shares after: 350,882
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F16

RPD transaction

COMMON STOCK

Sale

Transaction value: $1,066,644
Shares: -7,909
Change %: -2.3%
Price: $134.86
Shares after: 342,973
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F17

RPD transaction

COMMON STOCK

Sale

Transaction value: $209,256
Shares: -1,536
Change %: -0.45%
Price: $136.23
Shares after: 341,437
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F18

RPD transaction

COMMON STOCK

Sale

Transaction value: $175,679
Shares: -1,237
Change %: -0.36%
Price: $142.02
Shares after: 340,200
Date: 04 Nov 2021
Ownership: Direct
Footnotes: F1, F19

RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 218,748
Date: 02 Nov 2021
Ownership: By Thomas Family Holdings LLC
Footnotes: F20

RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,000
Date: 02 Nov 2021
Ownership: By Trust
Footnotes: F21

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -50,000
Change %: -10%
Price: $0.000000
Shares after: 437,620
Date: 02 Nov 2021
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 50,000
Exercise price: $5.05
Footnotes: F1, F22

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -50,000
Change %: -11%
Price: $0.000000
Shares after: 387,620
Date: 03 Nov 2021
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 50,000
Exercise price: $5.05
Footnotes: F1, F22

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -21,905
Change %: -5.7%
Price: $0.000000
Shares after: 365,715
Date: 04 Nov 2021
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 21,905
Exercise price: $5.05
Footnotes: F1, F22

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 22 footnotes

Footnote F1

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 7, 2021.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.37 to $122.12, 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.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.38 to $123.04, 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.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.38 to $124.29, 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.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.24 to $126.18, 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.

Footnote F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.27 to $126.84, 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.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.33 to $122.26, 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.

Footnote F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.34 to $123.18, 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.

Footnote F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.40 to $124.27, 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.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.64 to $125.62, 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.

Footnote F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.64 to $126.63, 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.

Footnote F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.665 to $127.64, 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.

Footnote F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.675 to $128.115, 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.

Footnote F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.89 to $129.43, 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.

Footnote F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.19 to $133.11, 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.

Footnote F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.40 to $134.35, 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.

Footnote F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.40 to $135.31, 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.

Footnote F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.63 to $136.51, 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.

Footnote F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.86 to $142.77, 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.

Footnote F20

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.

Footnote F21

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.

Footnote F22

Immediately exercisable.