Marc Evan Brown - Jun 8, 2023 Form 4 Insider Report for Rapid7, Inc. (RPD)

Role
Director
Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Jun 8, 2023
Transactions value $
$0
Form type
4
Date filed
6/12/2023, 04:23 PM
Previous filing
Jun 27, 2022
Next filing
Aug 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Award $0 +4.3K +11.21% $0.00 42.6K Jun 8, 2023 Direct F1, F2
transaction RPD COMMON STOCK Award $0 +1.55K +3.64% $0.00 44.2K Jun 8, 2023 Direct F1, F3
* 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.
F2 This restricted stock unit grant vests in full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
F3 The number of restricted stock units reflects the value of the Reporting Person's annual cash compensation under the Issuer's Non-Employee Director Compensation Policy. The Reporting Person has elected, in accordance with the Issuer's Non-Employee Director Compensation Policy, to have all or a portion of their annual cash compensation paid in the form of equity in lieu of cash compensation. This restricted stock unit grant vests in four quarterly installments, with the first installment vesting on September 30, 2023 and vesting in full on the earlier of (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.