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

Role
CEO, Director
Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Aug 15, 2022
Transactions value $
-$847,768
Form type
4
Date filed
8/17/2022, 04:13 PM
Previous filing
Jun 28, 2022
Next filing
Sep 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Tax liability -$848K -12K -3.12% $70.36 374K Aug 15, 2022 Direct F1
holding RPD COMMON STOCK 219K Aug 15, 2022 By Thomas Family Holdings LLC F2
holding RPD COMMON STOCK 30K Aug 15, 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.