Corey E. Thomas - 15 Feb 2024 Form 4 Insider Report for Rapid7, Inc. (RPD)

SEC evidence 5 facts
Form type
4
Accepted by SEC
20 Feb 2024, 16:24:52 UTC
Previous filing
29 Nov 2023
Next filing
15 Mar 2024
SEC filing
View on sec.gov
Reporting owner 1 fact
Reporting owner signature
/s/ Raisa Litmanovich, Attorney-in-Fact

Key filing fact

Corey E. Thomas filed Form 4 for Rapid7, Inc. (RPD) on 20 Feb 2024.

Key facts

  • This page summarizes Corey E. Thomas's Form 4 filing for Rapid7, Inc. (RPD).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 20 Feb 2024, 16:24.

Change

  • Previous filing in this sequence was filed on 29 Nov 2023.
  • Current net transaction value: -$669,552.

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.

See Original Filing

Reported transactions

RPD transaction

COMMON STOCK

Award

Transaction value
$0
Shares
+75,536
Change %
+19%
Price
$0.000000
Shares after
466,263
Date
15 Feb 2024
Ownership
Direct
Footnotes
F1
RPD transaction

COMMON STOCK

Award

Transaction value
$0
Shares
+7,397
Change %
+1.6%
Price
$0.000000
Shares after
473,660
Date
15 Feb 2024
Ownership
Direct
Footnotes
F2
RPD transaction

COMMON STOCK

Tax liability

Transaction value
$669,552
Shares
-11,100
Change %
-2.3%
Price
$60.32
Shares after
462,560
Date
15 Feb 2024
Ownership
Direct
Footnotes
F3
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
218,748
Date
15 Feb 2024
Ownership
By Thomas Family Holdings LLC
Footnotes
F4
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
15 Feb 2024
Ownership
By Trust
Footnotes
F5
* indicates a reported price that failed the local validity check.

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, 2024, subject to the Reporting Person's continued service with the Issuer.
F2 Reporting Person elected to receive annual bonus payment under the Issuer's Executive Incentive Bonus Plan in the form of fully-vested restricted stock units, as authorized by the Issuer's compensation committee.
F3 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, February 15, 2023 and February 15, 2024.
F4 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.
F5 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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