SEC Form 4/A · accession 0001140361-15-008066
RACKSPACE HOSTING, INC. · RAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Tiffany Lathe
Officer — VP and GC
Period of report
Feb 18, 2014
Accepted (ET)
Feb 19, 2015 · 7:25 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 Stock | Feb 18, 2014 | F | 282 | $34.97 | D | 7,115 | D | |
| Common StockF1,F2 | Mar 6, 2014 | A | 4,398 | $0.00 | A | 11,513 | D | |
| Common StockF3,F4 | Mar 6, 2014 | F | 226 | $37.46 | D | 11,287 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Granted pursuant to the Rackspace Hosting, Inc. 2007 Long Term Incentive Plan.
- F2These shares were granted in the form of Restricted Stock Units (RSU's). Each RSU represents a contingent right to receive one share of Rackspace Hosting, Inc. common stock. Each of the shares under the RSU grant shall vest at the end of a one year period and shall contain a standard acceleration provision that would accelerate the vesting of the RSU provided that the employee is terminated without cause prior to vesting.
- F3These shares were withheld pursuant to a Company policy that was in place for part of 2014 which required the holder's tax obligation that is triggered by the vesting of Restricted Stock Units (RSU's) to be satisfied by withholding a portion of the vested shares by the Company.
- F4This Amendment is filed solely for the purpose of adding the share withholding from the 3/6/14 acquisition of shares to satisfy the holder's tax obligation.