---
schema_version: "secwatch.filing_event.v1"
accession: "0001560327-21-000191"
form_type: "8-K"
ticker: "RPD"
cik: "0001560327"
company_name: "Rapid7, Inc."
filed_at: "2021-11-30T23:59:59+00:00"
generated_at: "2026-06-28T04:51:01.159979+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Rapid7 completes conversion of $43.4M notes into ~0.7M shares, redeems remaining $2M

## Summary
- Converted ~$43.4M principal of 1.25% convertible notes due 2023 into $43.4M cash and ~0.7M shares of common stock.
- Redeemed remaining $2.0M principal of notes for $2.0M cash on November 30, 2021.
- Conversion rate was 24.0460 shares per $1,000 principal, increased by 0.0022 shares for early conversions.
- Notes originally issued in August 2018 for $230M aggregate principal.
- Equity issued in reliance on Section 3(a)(9) exemption from registration.

## SEC filing metadata
- accession: 0001560327-21-000191
- form_type: 8-K
- ticker: RPD
- cik: 0001560327
- company_name: Rapid7, Inc.
- filed_at: 2021-11-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000191/0001560327-21-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000191/rp-20211130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560327-21-000191
- JSON: https://secwatch.observer/filing/0001560327-21-000191.json
- Plain text: https://secwatch.observer/filing/0001560327-21-000191.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.