Mark Marino - Feb 22, 2024 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Chief Financial Officer
Signature
/s/ Sarah Alexander, by power of attorney from Mark Marino
Stock symbol
RXT
Transactions as of
Feb 22, 2024
Transactions value $
-$19,773
Form type
4
Date filed
3/19/2024, 09:52 PM
Previous filing
Jan 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Tax liability -$19.8K -12.4K -5.01% $1.59 236K Mar 16, 2024 Direct F1
transaction RXT Common Stock Award $0 +1.69M +718.88% $0.00 1.93M Feb 22, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy withholding tax liability incident to the vesting of restricted stock units in a transaction exempt under Rule 16b-3.
F2 Grant of restricted stock units ("RSUs") vesting in equal annual installments on the first, second and third anniversaries of the grant date. Each RSU represents the right to receive, at settlement, one share of common stock.