Rapid7, Inc. — Director's Dealing 2020

Nov 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Rapid7, Inc. (RPD)
CIK: 0001560327
Period of Report: 2020-11-06

Reporting Person: Kalowski Jeffrey (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-06	COMMON STOCK	M	45000	$12.56	Acquired	205508	Direct
2020-11-06	COMMON STOCK	S	4759	$66.6596	Disposed	200749	Direct
2020-11-06	COMMON STOCK	S	30568	$68.1824	Disposed	170181	Direct
2020-11-06	COMMON STOCK	S	9673	$68.6927	Disposed	160508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-06	Employee Stock Option (Right to Buy)	$12.56	M	45000	Disposed	2027-01-09	COMMON STOCK (45000.0)	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 November 27, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.565 to $67.22, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.61 to $68.60, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.613 to $68.94, 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: 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.