SEC Form 4 · accession 0001140361-15-008503
RACKSPACE HOSTING, INC. · RAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lew Moorman
Officer — Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 6:51 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 19, 2015 | M | 36,519 | $2.50 | A | 577,982 | D | |
| Common Stock | Feb 19, 2015 | M | 97,481 | $12.85 | A | 675,463 | D | |
| Common StockF1,F5 | Feb 19, 2015 | S | 400,000 | $49.6374 | D | 275,463 | D | |
| Common StockF2,F5 | Feb 19, 2015 | S | 15,900 | $50.0723 | D | 16,655 | I | Held by the Sarah Ladd Moorman 2007 Trust |
| Common StockF3,F5 | Feb 19, 2015 | S | 15,900 | $50.0817 | D | 16,655 | I | Held by the John Wood Moorman 2007 Trust |
| Common StockF4,F5 | Feb 19, 2015 | S | 15,900 | $50.093 | D | 16,655 | I | Hed by the Reese Howell Moorman 2007 Trust |
| Common StockF6,F7 | Mar 10, 2014 | F | 1,344 | $37.46 | D | 274,119 | D | |
| Common Stock | holding | — | — | — | 51,275 | I | Held by Mr. Moorman's wife | |
| Common Stock | holding | — | — | — | 109,343 | I | Held by the Lewis Jefferson Moorman IV 2007 Trust |
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)F8 | $2.50 | Feb 19, 2015 | M | 36,519 | D | — | Dec 31, 2015 | Common Stock | 36,519 | 0 | D |
| Employee Stock Option (right to buy)F8,F9 | $12.85 | Feb 19, 2015 | M | 97,481 | D | — | Mar 5, 2018 | Common Stock | 97,481 | 20,819 | D |
Explanation of responses
- F1The price for the sale of these shares ranged from $48.79 to $50.64 per share.
- F2The price for the sale of these shares ranged from $50.00 to $50.63 per share.
- F3The prices for the sale of these shares ranged from $50.00 to $50.62 per share.
- F4The prices for the sale of these shares ranged from $50.00 to $50.63 per share.
- F5The 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 purchased or sold at each separate price.
- F6These shares were held pursuant to 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.
- F7This is for the purpose of reporting the share withholding from the 3/6/14 acquisitions of shares to satisfy the holder's tax obligation which was not previously reported.
- F81/4 of the shares shall vest and become exercisable on each anniversary of the grant date of 12/31/05.
- F91/4 of the shares shall vest and become exercisable on each anniversary of the grant date of 3/5/08.