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

Role
CEO, Director
Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Stock symbol
RPD
Transactions as of
Aug 15, 2023
Transactions value $
-$500,242
Form type
4
Date filed
8/17/2023, 04:18 PM
Previous filing
Jun 5, 2023
Next filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Tax liability -$500K -10.2K -2.27% $48.89 440K Aug 15, 2023 Direct F1
holding RPD COMMON STOCK 219K Aug 15, 2023 By Thomas Family Holdings LLC F2
holding RPD COMMON STOCK 30K Aug 15, 2023 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 30, 2020, February 2, 2021, February 15, 2022 and February 15, 2023.
F2 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.
F3 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.