Holly Windham - Jun 15, 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 15, 2021
Transactions value $
-$24,215
Form type
4
Date filed
6/16/2021, 09:25 AM
Next filing
Jun 17, 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 $28.8K +2.53K +1.52% $11.41 168K Jun 15, 2021 Direct F1
transaction RXT Common Stock, par value $0.01 Sale -$53K -2.53K -1.5% $21.00* 166K Jun 15, 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
transaction RXT Employee Stock Option (right to buy) Options Exercise $0 -2.53K -1.26% $0.00 197K Jun 15, 2021 Common Stock 2.53K $11.41 Direct F2
* 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 Vests in five equal annual installments, subject to continued service, beginning May 4, 2021.