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
  1. Exercise of vested stock options that would have otherwise been forfeited in December 2029.
  2. 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.
  3. 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).
  4. 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.
  5. Vests in five equal annual installments, subject to continued service, beginning December 13, 2020.