Filing Details

Accession Number:
0001810019-21-000012
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-03 10:57:30
Reporting Period:
2021-02-01
Accepted Time:
2021-02-03 10:57:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1810019 Rackspace Technology Inc. RXT Services-Computer Programming, Data Processing, Etc. (7370) 813369925
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1815199 B. Holly Windham C/O Rackspace Technology, Inc.
1 Fanatical Place
San Antonio TX 78218
Evp, Chief Legal & People Off No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Disposition 2021-02-01 7,483 $22.11 126,616 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2021-02-01 3,434 $23.02 123,182 No 4 S Direct
Common Stock, Par Value $0.01 Acquisiton 2021-02-01 96,000 $8.33 219,182 No 4 M Direct
Common Stock, Par Value $0.01 Disposition 2021-02-01 83,413 $21.95 135,769 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2021-02-01 11,377 $22.88 124,392 No 4 S Direct
Common Stock, Par Value $0.01 Disposition 2021-02-01 1,210 $23.63 123,182 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2021-02-01 96,000 $0.00 96,000 $8.34
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,000 2027-11-03 No 4 M Direct
Footnotes
  1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2020.
  2. This transaction was executed in multiple trades at pricing ranging from $21.60 to $22.54; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Rackspace Technology, or a security holder of Rackspace Technology.
  3. This transaction was executed in multiple trades at pricing ranging from $22.76 to $23.63; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Rackspace Technology, or a security holder of Rackspace Technology.
  4. Exercise of vested stock options that would have otherwise been forfeited in November 2027.
  5. This transaction was executed in multiple trades at pricing ranging from $21.42 to $22.40; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Rackspace Technology, or a security holder of Rackspace Technology.
  6. This transaction was executed in multiple trades at pricing ranging from $22.54 to $23.215; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Rackspace Technology, or a security holder of Rackspace Technology.
  7. Vests in five equal annual installments, subject to continued service, beginning November 3, 2017.