Wolf Thomas 4
4 · Rackspace Technology, Inc. · Filed Mar 2, 2021
Insider Transaction Report
Form 4
Wolf Thomas
SVP, Global Sales Strat & Ops
Transactions
- Exercise/Conversion
Common Stock, par value $0.01
2021-03-01$12.97/sh+19,999$259,387→ 28,191 total - Sale
Common Stock, par value $0.01
2021-03-01$20.66/sh−19,999$413,109→ 8,192 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-03-01−19,999→ 79,997 totalExercise: $12.97Exp: 2029-12-13→ Common Stock (19,999 underlying)
Footnotes (3)
- [F1]Exercise of vested stock options that would have otherwise been forfeited in December 2029.
- [F2]This transaction was executed in multiple trades at pricing ranging from $20.6500 to $20.7000; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Rackspace Technology, or a security holder of Rackspace Technology.
- [F3]Vests in five equal annual installments, subject to continued service, beginning December 13, 2020.