Kevin M. Jones - Aug 23, 2022 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Signature
/s/ Holly Windham, Attorney-in-Fact
Stock symbol
RXT
Transactions as of
Aug 23, 2022
Transactions value $
-$389,719
Form type
4
Date filed
8/25/2022, 10:06 AM
Previous filing
May 9, 2022
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock, par value $0.01 per share Tax liability -$390K -75.8K -3.41% $5.14 2.15M Aug 23, 2022 Direct F1, F2
* 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 $5.14 to $5.25; 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.