Christina Luconi - Feb 15, 2022 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Feb 15, 2022
Transactions value $
-$403,889
Form type
4
Date filed
2/17/2022, 03:10 PM
Previous filing
Nov 17, 2021
Next filing
Feb 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Award $0 +3.49K +4.41% $0.00 82.5K Feb 15, 2022 Direct F1
transaction RPD COMMON STOCK Award $0 +23.5K +28.47% $0.00 106K Feb 15, 2022 Direct F2
transaction RPD COMMON STOCK Tax liability -$404K -4.12K -3.89% $97.96 102K Feb 15, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person elected to receive annual bonus payment under the Issuer's Executive Incentive Bonus Plan in the form of fully-vested restricted stock units, as authorized by the Issuer's compensation committee.
F2 This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. This restricted stock unit grant vests in sixteen equal quarterly installments, with the first installment vesting on May 15, 2022, subject to the Reporting Person's continued service with the Issuer.
F3 Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person on February 1, 2018, January 31, 2019, January 30, 2020, February 2, 2021 and February 15, 2022.