Srini Koushik - Dec 20, 2022 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role: Chief Technology Officer
Signature: /s/ Holly Windham, power of attorney
Stock symbol: RXT
Transactions as of: Dec 20, 2022
Transactions value $: -$55,324
Form type: 4
Date filed: 12/21/2022, 03:04 PM
Previous filing: Nov 29, 2022
Next filing: Mar 20, 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	-$55.3K	-20.5K	-4.19%	$2.70	468K	Dec 20, 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 $2.69 to $2.70; 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.

Content

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.

This transaction was executed in multiple trades at pricing ranging from $2.69 to $2.70; 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.