Casey L. Shilling - 17 Mar 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Signature
/s/ Michael Bross, Attorney-in-Fact
Issuer symbol
RXT
Transactions as of
17 Mar 2023
Transactions value $
-$5,525
Form type
4
Filing time
21 Mar 2023, 17:17:41
Previous filing
20 Mar 2023
Next filing
22 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Tax liability -$1.42K -697 -0.25% $2.03 279K 17 Mar 2023 Direct F1, F2
transaction RXT Common Stock Tax liability -$4.11K -2.42K -0.87% $1.70 276K 20 Mar 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
F2 This transaction was executed in multiple trades at pricing ranging from $2.03 to $2.072; 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, Inc. or a security holder of Rackspace Technology, Inc.
F3 This transaction was executed in multiple trades at pricing ranging from $1.61 to $1.71; 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, Inc. or a security holder of Rackspace Technology, Inc.