Named after Harlow Shapley - American astronomer (1885-1972).
Shapley is a lunar crater that lies along the southern edge of Mare Crisium. It was previously designated Picard H before being given a name by the IAU. However the crater Picard lies about 150 kilometers to the north-northwest across the Mare Crisium. Somewhat closer to this crater are Tebbutt to the west, and Firmicus to the east-southeast. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.