Corey E. Thomas - 16 Nov 2022 Form 4 Insider Report for Rapid7, Inc. (RPD)

Reporting relationship: CEO, Director
Issuer ticker: RPD
Reported as of: 16 Nov 2022
Net transaction value: -$2,976,199
SEC form: 4
Accepted by SEC: 18 Nov 2022, 17:31:37 UTC
Prior SEC filing: 17 Nov 2022
Next SEC filing: 30 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Raisa Litmanovich, Attorney-in-Fact

Key filing fact

Corey E. Thomas filed Form 4 for Rapid7, Inc. (RPD) on 18 Nov 2022.

Key facts

This page summarizes Corey E. Thomas's Form 4 filing for Rapid7, Inc. (RPD).
12 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 18 Nov 2022, 17:31.

Change

Previous filing in this sequence was filed on 17 Nov 2022.
Current net transaction value: -$2,976,199.

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: $210,176
Shares: +41,619
Change %: +9.7%
Price: $5.05^*
Shares after: 469,693
Date: 16 Nov 2022
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $1,214,700
Shares: -41,619
Change %: -8.9%
Price: $29.19
Shares after: 428,074
Date: 16 Nov 2022
Ownership: Direct
Footnotes: F1, F2

RPD transaction

COMMON STOCK

Options Exercise

Transaction value: $210,176
Shares: +41,619
Change %: +9.7%
Price: $5.05^*
Shares after: 469,693
Date: 17 Nov 2022
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $1,061,224
Shares: -36,614
Change %: -7.8%
Price: $28.98
Shares after: 433,079
Date: 17 Nov 2022
Ownership: Direct
Footnotes: F1, F3

RPD transaction

COMMON STOCK

Sale

Transaction value: $148,873
Shares: -5,005
Change %: -1.2%
Price: $29.74
Shares after: 428,074
Date: 17 Nov 2022
Ownership: Direct
Footnotes: F1, F4

RPD transaction

COMMON STOCK

Options Exercise

Transaction value: $210,176
Shares: +41,619
Change %: +9.7%
Price: $5.05^*
Shares after: 469,693
Date: 18 Nov 2022
Ownership: Direct
Footnotes: F1

RPD transaction

COMMON STOCK

Sale

Transaction value: $783,827
Shares: -27,841
Change %: -5.9%
Price: $28.15
Shares after: 441,852
Date: 18 Nov 2022
Ownership: Direct
Footnotes: F1, F5

RPD transaction

COMMON STOCK

Sale

Transaction value: $397,924
Shares: -13,772
Change %: -3.1%
Price: $28.89
Shares after: 428,080
Date: 18 Nov 2022
Ownership: Direct
Footnotes: F1, F6

RPD transaction

COMMON STOCK

Sale

Transaction value: $178
Shares: -6
Change %: -0%
Price: $29.62
Shares after: 428,074
Date: 18 Nov 2022
Ownership: Direct
Footnotes: F1

RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 218,748
Date: 16 Nov 2022
Ownership: By Thomas Family Holdings LLC
Footnotes: F7

RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 30,000
Date: 16 Nov 2022
Ownership: By Trust
Footnotes: F8

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: -41,619
Change %: -17%
Price: $0.000000
Shares after: 208,096
Date: 16 Nov 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 41,619
Exercise price: $5.05
Footnotes: F1, F9

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -41,619
Change %: -20%
Price: $0.000000
Shares after: 166,477
Date: 17 Nov 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 41,619
Exercise price: $5.05
Footnotes: F1, F9

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -41,619
Change %: -25%
Price: $0.000000
Shares after: 124,858
Date: 18 Nov 2022
Ownership: Direct
Underlying class: COMMON STOCK
Underlying amount: 41,619
Exercise price: $5.05
Footnotes: F1, F9

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2022, as amended.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.65 to $29.60, 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 $28.61 to $29.60, 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 $29.61 to $29.83, 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 $27.55 to $28.54, 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 $28.55 to $29.52, 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

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 F8

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 F9

Immediately exercisable.