SEC Form 4 · accession 0001140361-16-057364
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 8, 2016
Accepted (ET)
Mar 10, 2016 · 5:39 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 8, 2016 | A | 17,594 | $20.94 | A | 127,616 | D | |
| Common StockF2 | Mar 8, 2016 | F | 4,811 | $20.94 | D | 122,805 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued pursuant to the vesting of shares under a performance-based Restricted Stock Unit Award (PSU) granted on March 6, 2014. The performance-based vesting requirement for the fiscal year 2015 revenue target was achieved and subsequently certified on March 8, 2016.
- F2Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of the PSU's that were certified on March 8, 2016.