Srini Koushik - Mar 20, 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role: Chief Technology Officer
Signature: /s/ Michael Bross, Attorney-in-Fact
Stock symbol: RXT
Transactions as of: Mar 20, 2023
Transactions value $: -$13,113
Form type: 4
Date filed: 3/21/2023, 05:16 PM
Previous filing: Mar 20, 2023
Next filing: Jun 21, 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	-$13.1K	-7.72K	-0.91%	$1.70	840K	Mar 20, 2023	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 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 $1.61 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.

Content

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.

This transaction was executed in multiple trades at pricing ranging from $1.61 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.