RACKSPACE HOSTING, INC. 4
4 · RACKSPACE HOSTING, INC. · Filed Nov 10, 2016
Insider Transaction Report
Form 4
Pinchev Alex
EVP, Global Sales & Marketing
Transactions
- Disposition to Issuer
Common Stock
2016-11-03−212,314→ 0 total - Disposition to Issuer
Performance Restricted Stock Unit
2016-11-03+51,493→ 0 totalExercise: $0.00→ Common Stock (51,493 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to that certain Agreement and Plan of Merger between the Issuer, Inception Parent, Inc. and Inception Merger Sub, Inc., dated as of August 26, 2016 (the "Merger Agreement"), in exchange for a cash consideration of $32.00 per share without interest thereon (the "Merger Consideration") payable at closing or a future date, as set forth in the Merger Agreement.
- [F2]These securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer.
- [F3]Cancelled pursuant to the Merger Agreement, in exchange for Merger Consideration.