Holly B. Windham - 15 Jun 2021 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
EVP, Chief Legal & People Off
Signature
/s/ Stefanie Box, as attorney-in-fact
Issuer symbol
RXT
Transactions as of
15 Jun 2021
Net transactions value
-$24,215
Form type
4
Filing time
16 Jun 2021, 09:25:29 UTC
Next filing
17 Jun 2021
SEC
View on sec.gov

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 $28,810 +2,525 +1.5% $11.41 168,191 15 Jun 2021 Direct F1
transaction RXT Common Stock, par value $0.01 Sale $53,025 -2,525 -1.5% $21.00* 165,666 15 Jun 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 -2,525 -1.3% $0.000000 197,479 15 Jun 2021 Common Stock 2,525 $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.