RACKSPACE HOSTING, INC. 4
4 · RACKSPACE HOSTING, INC. · Filed Nov 10, 2016
Insider Transaction Report
Form 4
Crenshaw Scott
SVP, Strategy & Product
Transactions
- Disposition to Issuer
Performance Restricted Stock Unit
2016-11-03−23,201→ 0 totalExercise: $0.00→ Common Stock (23,201 underlying) - Disposition to Issuer
Performance Restricted Stock Unit
2016-11-03−46,343→ 0 totalExercise: $0.00→ Common Stock (46,343 underlying) - Disposition to Issuer
Common Stock
2016-11-03−103,349→ 0 total
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 at a future date, as set forth in the Merger Agreement.
- [F2]Certain of 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.