SEC Form 4 · accession 0001140361-16-085925

RACKSPACE HOSTING, INC. · RAX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Nov 3, 2016

Accepted (ET)

Nov 10, 2016 · 8:42 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^F1,F2	Nov 3, 2016	D	377,527	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Non-Qualified Stock Option (right to buy)^F3	$18.66	Nov 3, 2016	D	1,407	D	—	—	Common Stock	1,407	D
Non-Qualified Stock Option (right to buy)^F3	$38.62	Nov 3, 2016	D	1,987	D	—	—	Common Stock	1,987	D
Non-Qualified Stock Option (right to buy)^F3	$35.41	Nov 3, 2016	D	2,596	D	—	—	Common Stock	2,596	D
Non-Qualified Stock Option (right to buy)^F3	$54.12	Nov 3, 2016	D	2,179	D	—	—	Common Stock	2,179	D
Non-Qualified Stock Option (right to buy)^F3	$53.47	Nov 3, 2016	D	4,344	D	—	—	Common Stock	4,344	D
Non-Qualified Stock Option (right to buy)^F3	$40.43	Nov 3, 2016	D	11,990	D	—	—	Common Stock	11,990	D
Non-Qualified Stock Option (right to buy)^F3	$47.51	Nov 3, 2016	D	14,590	D	—	—	Common Stock	14,590	D
Non-Qualified Stock Option (right to buy)^F3	$37.89	Nov 3, 2016	D	24,699	D	—	—	Common Stock	24,699	D
Performance Restricted Stock Unit^F3	$0.00	Nov 3, 2016	D	105,633	D	—	—	Common Stock	105,633	D
Performance Restricted Stock Unit^F3	$0.00	Nov 3, 2016	D	54,650	D	—	—	Common Stock	54,650	D
Performance Restricted Stock Unit^F3	$0.00	Nov 3, 2016	D	172,502	D	—	—	Common Stock	172,502	D

F1Disposed of pursuant to that certain Agreement and Plan of Merger between the Issuer, Inception Parent, Inc. and Inception Merger Sub, Inc., dated as of August 26, 2016 (the "Merger Agreement"), in exchange for a cash consideration of $32.00 per share without interest thereon (the "Merger Consideration") payable at closing or a future date, as set forth in the Merger Agreement.
F2Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer.
F3Cancelled pursuant to the Merger Agreement, in exchange for Merger Consideration, except for out of the money stock options, which were cancelled without any cash payment made to the holder.