Mark Marino - Mar 17, 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Vice President & CAO
Signature
/s/ Michael Bross, Attorney-in-Fact
Stock symbol
RXT
Transactions as of
Mar 17, 2023
Transactions value $
-$9,963
Form type
4
Date filed
3/21/2023, 05:17 PM
Previous filing
Mar 20, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock, par value $0.01 Tax liability -$3.48K -1.71K -0.92% $2.03 185K Mar 17, 2023 Direct F1, F2
transaction RXT Common Stock, par value $0.01 Tax liability -$6.49K -3.82K -2.07% $1.70 181K Mar 20, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares sold in connection with the vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2 This transaction was executed in multiple trades at pricing ranging from $2.03 to $2.07; 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 of Rackspace Technology, Inc.
F3 This transaction was executed in multiple trades at pricing ranging from $1.6116 to $1.71; 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 of Rackspace Technology, Inc.