RACKSPACE HOSTING, INC. 4
4 · RACKSPACE HOSTING, INC. · Filed May 14, 2015
Insider Transaction Report
Form 4
SAPORITO JOSEPH
Chief Accounting Officer
Transactions
- Sale
Common Stock
2015-05-12$45.12/sh−564$25,450→ 37,237 total
Footnotes (3)
- [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.
- [F2]The prices for the sale of these shares ranged from $44.90 to $45.78.
- [F3]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 sold at each separate price.