Rapid7, Inc. — Director's Dealing 2019

Nov 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Kalowski Jeffrey (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-15	COMMON STOCK	M	35000	$12.56	Acquired	159487	Direct
2019-11-15	COMMON STOCK	S	37500	$52.8455	Disposed	121987	Direct
2019-11-15	COMMON STOCK	F	1332	$53.42	Disposed	120655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-15	Employee Stock Option (Right to Buy)	$12.56	M	35000	Disposed	2027-01-09	COMMON STOCK (35000.0)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2018.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.37 to $53.23, 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 withheld by the Issuer to satisfy Mr. Kalowski's tax withholding obligation upon the vesting of restricted stock units previously granted to Mr. Kalowski on January 31, 2019.

F4: This option shall vest and become exercisable over four years with 25% of the shares underlying this option vesting on January 15, 2018, and 6.25% of the shares underlying this option vesting on the 15th day of each calendar quarter thereafter, subject to the Reporting Person's continued service with the Issuer.