Thomas E. Schodorf - 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, 04:29 PM
Previous filing
Jun 13, 2022
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Award $0 +4.3K +52.61% $0.00 12.5K Jun 8, 2023 Direct F1, F2
holding RPD COMMON STOCK 16K Jun 8, 2023 Family Trust 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 granted under the Issuer's 2015 Equity Incentive Plan, as amended, as an initial one-time grant to the Reporting Person in connection with his appointment to the Issuer's Board of Directors. 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 Represents shares held by a family trust of which the Reporting Person's spouse and child are trustees. The Reporting Person's spouse and children are the sole beneficiaries of the trust and 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.