Corey E. Thomas - 18 Oct 2021 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Peter Kaes, Attorney-in-Fact
Issuer symbol
RPD
Transactions as of
18 Oct 2021
Net transactions value
-$3,697,158
Form type
4
Filing time
20 Oct 2021, 16:13:31 UTC
Previous filing
31 Aug 2021
Next filing
04 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Sale $516,010 -4,283 -7.1% $120.48 55,717 18 Oct 2021 By Trust F1, F2, F3
transaction RPD COMMON STOCK Sale $410,763 -3,381 -6.1% $121.49 52,336 18 Oct 2021 By Trust F1, F3, F4
transaction RPD COMMON STOCK Sale $821,679 -6,718 -13% $122.31 45,618 18 Oct 2021 By Trust F1, F3, F5
transaction RPD COMMON STOCK Sale $169,929 -1,376 -3% $123.49 44,242 18 Oct 2021 By Trust F1, F3, F6
transaction RPD COMMON STOCK Sale $527,768 -4,242 -9.6% $124.42 40,000 18 Oct 2021 By Trust F1, F3, F7
transaction RPD COMMON STOCK Sale $1,251,009 -10,000 -25% $125.10 30,000 19 Oct 2021 By Trust F1, F3
holding RPD COMMON STOCK 340,200 18 Oct 2021 Direct
holding RPD COMMON STOCK 218,748 18 Oct 2021 By Thomas Family Holdings LLC F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Corey E. Thomas Irrevocable Trust of 2016 on September 2, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.01 to $121, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.02 to $122.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.02 to $122.72, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.13 to $124.08, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.15 to $124.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F8 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.