Holly Windham - Jun 16, 2021 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
EVP, Chief Legal & People Off
Signature
/s/ Stefanie Box, as attorney-in-fact
Stock symbol
RXT
Transactions as of
Jun 16, 2021
Transactions value $
-$87,826
Form type
4
Date filed
6/17/2021, 12:45 PM
Previous filing
Jun 16, 2021
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock, par value $0.01 Options Exercise $114K +10K +6.04% $11.41 176K Jun 16, 2021 Direct F1
transaction RXT Common Stock, par value $0.01 Sale -$202K -10K -5.69% $20.19* 166K Jun 16, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RXT Employee Stock Option (right to buy) Options Exercise $0 -10K -5.06% $0.00 187K Jun 16, 2021 Common Stock 10K $11.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of vested stock options that would have otherwise been forfeited in May 2030.
F2 This transaction was executed in multiple trades at pricing ranging from $20.12 to $20.255; 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.
F3 Vests in five equal annual installments, subject to continued service, beginning May 4, 2021.