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Rapid7, Inc. Director's Dealing 2019

Nov 19, 2019

32055_dirs_2019-11-19_2a6f7fbf-546f-4451-9ad5-40464a44199a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Rapid7, Inc. (RPD)
CIK: 0001560327
Period of Report: 2019-11-15

Reporting Person: Luconi Christina (Chief People Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-15 COMMON STOCK F 3661 $53.42 Disposed 92325 Direct
2019-11-18 COMMON STOCK M 2188 $12.98 Acquired 94513 Direct
2019-11-18 COMMON STOCK M 2813 $12.47 Acquired 97326 Direct
2019-11-18 COMMON STOCK S 8088 $52.6321 Disposed 89238 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-18 Employee Stock Option (Right to Buy) $12.98 M 2188 Disposed 2026-02-02 COMMON STOCK (2188.0) Direct
2019-11-18 Employee Stock Option (Right to Buy) $12.47 M 2813 Disposed 2027-01-31 COMMON STOCK (2813.0) Direct

Footnotes

F1: Represents shares withheld by the Issuer to satisfy Ms. Luconi's tax withholding obligation upon the vesting of restricted stock units previously granted to Ms. Luconi on February 2, 2016, January 31, 2017, February 1, 2018 and January 31, 2019.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 14, 2019.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.30 to $53.02, 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.

F4: The shares underlying this option vest and become exercisable in 16 equal quarterly installments, with the first installment vesting on May 15, 2016, subject to the reporting person's continued service with the Issuer through each vesting date.

F5: The shares underlying this option vest and become exercisable in 16 equal quarterly installments, with the first installment vesting on May 15, 2017, subject to the reporting person's continued service with the Issuer through each vesting date.