Mitchell Garber - Jul 3, 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Director
Signature
/s/ Sarah Alexander, by power of attorney from Mitchell Garber
Stock symbol
RXT
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 07:28 PM
Previous filing
Jun 28, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Award $0 +14.8K +8.03% $0.00 199K Jul 3, 2023 Direct F1
holding RXT Common Stock 240K Jul 3, 2023 By 9531602 Canada Inc.
* 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.