4//SEC Filing
Mukerji Subroto 4
Accession 0001810019-21-000165
CIK 0001810019other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 2:08 PM ET
Size
8.9 KB
Accession
0001810019-21-000165
Insider Transaction Report
Form 4
Mukerji Subroto
EVP, Chief Operating Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-09-01+560,004→ 560,004 totalExercise: $12.87Exp: 2029-07-29→ Common Stock, par value $0.01 (560,004 underlying) - Award
Employee Stock Option (right to buy)
2021-09-01+80,004→ 80,004 totalExercise: $11.41Exp: 2030-05-04→ Common Stock, par value $0.01 (80,004 underlying)
Footnotes (2)
- [F1]On July 29, 2019, the reporting person was granted an option to purchase up to 560,004 shares of common stock. The option vests on the satisfaction of certain performance criteria, 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, 319,202 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.
- [F2]On May 4, 2020, the reporting person was granted an option to purchase up to 80,004 shares of common stock. The option vests on the satisfaction of certain performance criteria, 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, 45,602 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 0001815197
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 2:08 PM ET
- Size
- 8.9 KB