Amar Maletira - Mar 17, 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
CEO and President, Director
Signature
/s/ Michael Bross, Attorney-in-Fact
Stock symbol
RXT
Transactions as of
Mar 17, 2023
Transactions value $
-$273,041
Form type
4
Date filed
3/21/2023, 05:15 PM
Previous filing
Mar 20, 2023
Next filing
Aug 22, 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 -$73.2K -36K -0.69% $2.03 5.19M Mar 17, 2023 Direct F1, F2
transaction RXT Common Stock, par value $0.01 per share Tax liability -$200K -118K -2.26% $1.70 5.07M Mar 20, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld 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 $2.03 to $2.08; 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.
F3 This transaction was executed in multiple trades at pricing ranging from $1.6 to $1.71; 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.