RACKSPACE HOSTING, INC. 4
4 · RACKSPACE HOSTING, INC. · Filed Mar 11, 2015
Insider Transaction Report
Form 4
SAPORITO JOSEPH
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2015-03-09$51.43/sh−198$10,183→ 37,801 total
Footnotes (1)
- [F1]These shares were sold pursuant to Company policy that requires a holder of Restricted Stock Units (RSU's) to immediately sell enough shares to enable the Company to fulfill its obligation to deliver funds to the Internal Revenue Service to cover the holder's tax obligation which is triggered by the vesting of the RSU and pursuant to the terms of the holder's Rule 10b5-1 trading plan.