Corey E. Thomas - May 15, 2022 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
May 15, 2022
Transactions value $
-$852,446
Form type
4
Date filed
5/17/2022, 04:48 PM
Previous filing
Mar 31, 2022
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Tax liability -$852K -12K -3.03% $70.76 386K May 15, 2022 Direct F1
holding RPD COMMON STOCK 219K May 15, 2022 By Thomas Family Holdings LLC F2
holding RPD COMMON STOCK 30K May 15, 2022 By Trust F3

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy Mr. Thomas' tax withholding obligation upon the vesting of restricted stock units previously granted to Mr. Thomas on January 31, 2019, January 30, 2020, February 2, 2021 and February 15, 2022.
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.

Remarks:

Exhibit List-Exhibit 24-Power of Attorney