Gregory S. Hrncir - Aug 1, 2021 Form 3 Insider Report for Rackspace Technology, Inc. (RXT)

Role
SVP - Chief Operations Officer
Signature
/s/ Stephanie G. Box, as attorney-in-fact
Stock symbol
RXT
Transactions as of
Aug 1, 2021
Transactions value $
$0
Form type
3
Date filed
8/4/2021, 02:46 PM
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RXT Common Stock, par value $0.01 per share 23K Aug 1, 2021 Direct

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
holding RXT Employee Stock Option (right to buy) Aug 1, 2021 Common Stock 32.2K $15.54 Direct F1
holding RXT Employee Stock Option (right to buy) Aug 1, 2021 Common Stock 32.8K $12.87 Direct F2
holding RXT Employee Stock Option (right to buy) Aug 1, 2021 Common Stock 36.7K $13.62 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 (1) Vests in two equal annual installments of 10,722 options beginning May 31, 2019 and one annual installment of 10,716 options on May 31, 2021, in each case subject to continued service.
F2 (2) Vests in one annual installment of 12,948 options on May 31, 2020 and two equal annual installments of 12, 942 options beginning May 31, 2021, in each case subject to continued service.
F3 (3) Vests in three equal annual installments beginning March 16, 2021, subject to continued service.

Remarks:

Exhibit 24.1 Power of Attorney