SEC Form 4 · accession 0001140361-15-000858
RACKSPACE HOSTING, INC. · RAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Pichler
Officer — CFO
Period of report
Mar 10, 2014
Accepted (ET)
Jan 6, 2015 · 7:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001107694
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 10, 2014 | F | 150 | $37.46 | D | 93,632 | D | |
| Common Stock | Jan 2, 2015 | M | 7,604 | $2.50 | A | 101,236 | D | |
| Common StockF3,F2 | Jan 2, 2015 | S | 7,604 | $47.1291 | D | 93,632 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $2.50 | Jan 2, 2015 | M | 7,604 | D | — | Jan 5, 2015 | Common Stock | 7,604 | 58,646 | D |
Explanation of responses
- F1These shares were withheld pursuant to Company policy which required the holder's tax obligation triggered by the vesting of an RSU to be satisfied by withholding a portion of the vested shares.
- F2These shares were sold pursuant to Mr. Pichler's 10b5-1 trading plan.
- F3The prices of the shares that were sold range from $46.72 to $47.42. The registrant undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4The grant was made on 12/31/05 and it vests 25% annually on 12/31/06 - 12/31/09.