Mills Stephen F. 4
4 · RACKSPACE HOSTING, INC. · Filed Feb 17, 2012
Insider Transaction Report
Form 4
Mills Stephen F.
VP and CIO
Transactions
- Award
Common Stock
2012-02-15+1,385→ 12,978 total - Award
Employee Stock (Option Right to Buy)
2012-02-15+2,906→ 2,906 totalExercise: $54.12Exp: 2019-02-15→ Common (2,906 underlying) - Sale
Common Stock
2012-02-16$53.83/sh−276$14,856→ 12,702 total
Footnotes (6)
- [F1]Granted pursuant to the Rackspace Hosting, Inc. 2007 Long Term Incentive Plan.
- [F2]These shares were granted in the forms of Restricted Stock Unit (RSU's). Each RSU represents a contingent right to receive one share of Rackspace Hosting, Inc. common stock. 1/4 of these shares under the RSU grant shall vest and be delivered promptly after each anniversary of the grant date of February 15, 2012.
- [F3]1/4 of the options vest annually beginning on the grant date of February 15, 2012.
- [F4]These shares were sold pursuant to provisions contained in the Company's Form of RSU Agreement and Amended and Restated 2007 Long Term Incentive Plan for the satisfaction of certain tax obligations.
- [F5]The prices for these sales of shares ranged from $53.71 to $53.91 per share.
- [F6]The registrant undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.