Home > Insider Trading > Filing (0001140361-11-042970)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1107694	Rackspace Hosting Inc.	RAX	Services-Computer Programming, Data Processing, Etc. (7370)	743016523

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1441432	Alan Schoenbaum	C/O Rackspace Hosting, Inc. 5000 Walzem Road San Antonio TX 78218	Sr. V.p., Gc, And Secretary	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
Common Stock	Acquisiton	2011-08-09	2,118	$0.00	103,522	No	4	A	Direct
Common Stock	Acquisiton	2011-08-10	2,000	$5.09	105,522	No	4	M	Direct
Common Stock	Disposition	2011-08-10	2,000	$35.12	103,522	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	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)	Acquisiton	2011-08-09	4,445	$0.00	4,445	$35.41
Common Stock	Employee Stock Option (right to buy)	Disposition	2011-08-10	2,000	$0.00	2,000	$5.09

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,445		2018-08-09	No	4	A	Direct
83,650		2019-02-25	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	17,000	Indirect	Held by the Schoenbaum 2010 Grandchildren's Trust

Footnotes

This amendment has been filed solely for the purpose of revising the exercise price of Mr. Schoenbaum's option grant.
Granted pursuant to the Rackspace Hosting, Inc. 2007 Long Term Incentive Plan.
These shares were granted in the form of Restricted Stock Units (RSU's). Each RSU represents a contingent right to receive one share of Rackspace Hosting, Inc. common stock. 1/4 of the shares under the RSU grant shall vest and be delivered promptly after each anniversary of the grant date.
Mr. Schoenbaum is the trustee of the Schoenbaum 2010 Grandchildren's Trust
1/4 of the shares shall vest and become exercisable on each anniversary of the grant date.
1/4 of the shares shall vest and become exercisable on each anniversary of the grant date of February 25, 2009.
These shares were sold pursuant to Mr. Schoenbaum's Rule 10b5-1 trading plan adopted by Mr. Schoenbaum on December 10, 2010.
The prices for these sales of shares ranged from $34.42 to $36.00 per share.
The registrant undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.