DHARMENDRA KUMAR SINHA - 05 Apr 2024 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
EVP, President, Public Cloud
Signature
/s/ Sarah Alexander, by power of attorney from Dharmendra Kumar Sinha
Issuer symbol
RXT
Transactions as of
05 Apr 2024
Transactions value $
$0
Form type
4
Filing time
20 May 2024, 21:27:15 UTC
Previous filing
19 Mar 2024
Next filing
26 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Award $0 +519K +24.78% $0.00 2.62M 05 Apr 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units ("RSUs") vesting in quarterly installments over three years. Each RSU represents the right to receive, at settlement, one share of common stock.
F2 Includes the acquisition of 500 shares of common stock on May 16, 2024 pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) in a transaction exempt under Rule 16b-3(c).