Timothy M. Adams - Feb 15, 2023 Form 4 Insider Report for Rapid7, Inc. (RPD)

Role
Chief Financial Officer
Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Feb 15, 2023
Transactions value $
-$422,084
Form type
4
Date filed
2/17/2023, 03:23 PM
Previous filing
Dec 7, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Award $0 +65.3K +59.78% $0.00 175K Feb 15, 2023 Direct F1
transaction RPD COMMON STOCK Tax liability -$422K -8.38K -4.8% $50.38 166K Feb 15, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 twelve quarterly installments, with the first installment vesting on May 15, 2023, subject to the Reporting Person's continued service with the Issuer.
F2 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 January 3, 2022.