Shashank Samant - 26 Jun 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Director
Signature
/s/ Sarah Alexander, by power of attorney from Shashank Samant
Issuer symbol
RXT
Transactions as of
26 Jun 2023
Transactions value $
$0
Form type
4
Filing time
28 Jun 2023, 17:23:37 UTC
Previous filing
28 Apr 2023
Next filing
30 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Award $0 +104K +65.38% $0.00 262K 26 Jun 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3. Each RSU represents the right to receive one share of common stock of Rackspace Technology, Inc. upon vesting. The shares underlying the RSUs will vest on the next subsequent annual meeting of stockholders following the grant date, subject to the reporting person remaining a member of the Issuer's board of directors through such date.