Corey E. Thomas - 15 Feb 2023 Form 4 Insider Report for Rapid7, Inc. (RPD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Feb 2023, 15:28:39 UTC
Prior SEC filing
09 Feb 2023
Next SEC filing
30 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raisa Litmanovich, Attorney-in-Fact

Key filing fact

Corey E. Thomas filed Form 4 for Rapid7, Inc. (RPD) on 17 Feb 2023.

Key facts

  • This page summarizes Corey E. Thomas's Form 4 filing for Rapid7, Inc. (RPD).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Feb 2023, 15:28.

Change

  • Previous filing in this sequence was filed on 09 Feb 2023.
  • Current net transaction value: -$461,632.

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

Award

Transaction value
$0
Shares
+40,838
Change %
+9.5%
Price
$0.000000
Shares after
468,912
Date
15 Feb 2023
Ownership
Direct
Footnotes
F1
RPD transaction

COMMON STOCK

Tax liability

Transaction value
$461,632
Shares
-9,163
Change %
-2%
Price
$50.38
Shares after
459,749
Date
15 Feb 2023
Ownership
Direct
Footnotes
F2
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
218,748
Date
15 Feb 2023
Ownership
By Thomas Family Holdings LLC
Footnotes
F3
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
15 Feb 2023
Ownership
By Trust
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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 February 1, 2018, January 31, 2019, January 30, 2020, February 2, 2021 and February 15, 2022.

Footnote F3

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 F4

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.

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