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Filing Details

Accession Number:: 0001810019-21-000010
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-03 10:56:15
Reporting Period:: 2021-02-01

Accepted Time:: 2021-02-03 10:56:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1810019	Rackspace Technology Inc.	RXT	Services-Computer Programming, Data Processing, Etc. (7370)	813369925

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1815197	Subroto Mukerji	C/O Rackspace Technology, Inc. 1 Fanatical Place San Antonio TX 78218	Evp, Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.01	Disposition	2021-02-01	368	$22.55	36,997	No	4	S	Direct
Common Stock, Par Value $0.01	Disposition	2021-02-01	132	$23.24	36,865	No	4	S	Direct
Common Stock, Par Value $0.01	Acquisiton	2021-02-01	55,999	$12.88	92,864	No	4	M	Direct
Common Stock, Par Value $0.01	Disposition	2021-02-01	48,587	$21.97	44,277	No	4	S	Direct
Common Stock, Par Value $0.01	Disposition	2021-02-01	6,706	$22.85	37,571	No	4	S	Direct
Common Stock, Par Value $0.01	Disposition	2021-02-01	706	$23.63	36,865	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2021-02-01	55,999	$12.88	55,999	$12.88

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
223,997		2029-07-29	No	4	M	Direct

Footnotes

These shares were acquired on December 31, 2020 under the Rackspace Technology, Inc. Employee Stock Purchase Plan in transactions that were exempt under both Rule 16-3(d) and Rule 16b-3(c).
This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2020.
This transaction was executed in multiple trades at pricing ranging from $22.04 to $22.9; 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, or a security holder of Rackspace Technology.
This transaction was executed in multiple trades at pricing ranging from $23.12 to $23.63; 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, or a security holder of Rackspace Technology.
Exercise of vested stock options that would have otherwise been forfeited in July 2029.
This transaction was executed in multiple trades at pricing ranging from $21.42 to $22.40; 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, or a security holder of Rackspace Technology.
This transaction was executed in multiple trades at pricing ranging from $22.46 to $23.35; 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, or a security holder of Rackspace Technology.
Vests in five equal annual installments, subject to continued service, beginning July 29, 2020.