Tarhan Tolga 4
4 · Rackspace Technology, Inc. · Filed May 17, 2021
Insider Transaction Report
Form 4
Tarhan Tolga
Chief Technology Officer
Transactions
- Sale
Common Stock
2021-05-13$18.22/sh−14,506$264,356→ 45,873 total - Exercise/Conversion
Common Stock
2021-05-13$12.97/sh+16,000$207,480→ 76,578 total - Sale
Common Stock
2021-05-13$18.27/sh−199$3,636→ 60,379 total - Sale
Common Stock
2021-05-13$18.24/sh−16,000$291,885→ 60,578 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-05-13−16,000→ 64,004 totalExercise: $12.97Exp: 2029-12-13→ Common Stock (16,000 underlying)
Footnotes (5)
- [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 $18.23 to $18.28; 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 or Rackspace Technology, Inc.
- [F3]These shares were acquired under the Rackspace Technology, Inc. Employee Stock Purchase Plan in transactions that were exempt under both Rule 16-3(d) and Rule 16b-3(c).
- [F4]This transaction was executed in multiple trades at pricing ranging from $18.211 to $18.261; 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 or Rackspace Technology, Inc.
- [F5]Vests in five equal annual installments, subject to continued service, beginning December 13, 2020.