4//SEC Filing
Jones Kevin M. 4
Accession 0001810019-21-000163
CIK 0001810019other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 2:07 PM ET
Size
6.2 KB
Accession
0001810019-21-000163
Insider Transaction Report
Form 4
Jones Kevin M.
DirectorChief Executive Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-09-01+1,599,996→ 1,599,996 totalExercise: $12.88Exp: 2029-04-22→ Common Stock, par value $0.01 (1,599,996 underlying)
Footnotes (1)
- [F1]On April 22, 2019, the reporting person was granted an option to purchase up to 1,599,996 shares of common stock. The option vests on the satisfaction of certain performance criteria as more particularly described in the Issuer's proxy statement filed on April 2, 2021, with the Securities and Exchange Commission, and satisfaction of such performance criteria is currently measured by whether the volume-weighted average price of the Issuer's common stock for the preceding 30-trading days meets certain target levels. Based on satisfaction of the performance criteria, on September 1, 2021, 911,997 performance-based options vested. The remaining performance-based options remain eligible for vesting, tested on each trading day, until the volume-weighted average price of the Issuer's common stock for the preceding 30-trading days meets certain target levels.
Documents
Issuer
Rackspace Technology, Inc.
CIK 0001810019
Entity typeother
Related Parties
1- filerCIK 0001815320
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 2:07 PM ET
- Size
- 6.2 KB