Andrew Burton - 15 Feb 2023 Form 4 Insider Report for Rapid7, Inc. (RPD)

Signature
/s/ Raisa Litmanovich, Attorney-in-Fact
Issuer symbol
RPD
Transactions as of
15 Feb 2023
Net transactions value
-$267,568
Form type
4
Filing time
17 Feb 2023, 15:24:57 UTC
Previous filing
17 Nov 2022
Next filing
17 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPD COMMON STOCK Award $0 +81,652 +35% $0.000000 317,294 15 Feb 2023 Direct F1
transaction RPD COMMON STOCK Tax liability $267,568 -5,311 -1.7% $50.38 311,983 15 Feb 2023 Direct F2
* 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. This restricted stock unit grant vests in twelve quarterly installments, with the first installment vesting on May 15, 2023, subject to the Reporting Person's continued service with the Issuer.
F2 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 February 1, 2018, January 31, 2019, January 30, 2020, February 2, 2021 and February 15, 2022.