Filing Details
- Accession Number:
- 0001810019-21-000090
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-05-17 07:36:41
- Reporting Period:
- 2021-05-13
- Accepted Time:
- 2021-05-17 07:36:41
- 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 |
---|---|---|---|---|---|---|---|
1817150 | Tolga Tarhan | C/O Rackspace Technology, Inc. 1 Fanatical Place San Antonio TX 78218 | Chief Technology Officer | 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 | Acquisiton | 2021-05-13 | 16,000 | $12.97 | 76,578 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-05-13 | 16,000 | $18.24 | 60,578 | No | 4 | S | Direct | |
Common Stock | Disposition | 2021-05-13 | 199 | $18.27 | 60,379 | No | 4 | S | Direct | |
Common Stock | Disposition | 2021-05-13 | 14,506 | $18.22 | 45,873 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | 2021-05-13 | 16,000 | $0.00 | 16,000 | $12.97 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
64,004 | 2029-12-13 | No | 4 | M | Direct |
Footnotes
- Exercise of vested stock options that would have otherwise been forfeited in December 2029.
- This transaction was executed in multiple trades at pricing ranging from $18.23 to $18.28; 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, Inc. or a security holder or Rackspace Technology, Inc.
- These shares were acquired under the Rackspace Technology, Inc. Employee Stock Purchase Plan in transactions that were exempt under both Rule 16-3(d) and Rule 16b-3(c).
- This transaction was executed in multiple trades at pricing ranging from $18.211 to $18.261; 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, Inc. or a security holder or Rackspace Technology, Inc.
- Vests in five equal annual installments, subject to continued service, beginning December 13, 2020.