SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Pratt Jennifer L

(Last) (First) (Middle)
C/O SGI
46600 LANDING PARKWAY

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/14/2009
3. Issuer Name and Ticker or Trading Symbol
Rackable Systems, Inc. [ SGI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Human Resources
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 12,188 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (Right to Buy) (1) 03/16/2015 Common Stock 8,055 $10.88 D
Non-Qualified Stock Option (Right to Buy) (2) 08/25/2015 Common Stock 11,459 $12.82 D
Restricted Stock Unit (3) (4) Common Stock 715 $0 D
Restricted Stock Unit (3) (4) Common Stock 625 $0 D
Restricted Stock Unit (3) (4) Common Stock 1,250 $0 D
Restricted Stock Unit (5) (4) Common Stock 3,750 $0 D
Restricted Stock Unit (6) (4) Common Stock 25,782 $0 D
Explanation of Responses:
1. Incentive Stock Option was granted on March 16, 2005 with vesting commencing as of March 15, 2005. 25 % of the shares will vest one year from March 15, 2005; the balance will become exercisable in a series of thirty-six (36) successive equal monthly installments measured form March 15, 2005.
2. Non-Qualified Stock Option was granted on August 25, 2005 with vesting commencing as of August 25, 2005. The shares will become exercisable in a series of forty-eight (48) successive equal monthly installments measured form August 25, 2005.
3. 1/8th of the shares will vest quarterly beginning November 15, 2007.
4. Restricted Stock Unit has no Expiration Date.
5. 1/12th of the shares will vest quarterly beginning November 15, 2007.
6. This award of restricted stock units will vest over (4) four years, vesting 1/16 of the shares quarterly beginning May 11, 2008.
/s/ Maurice Leibenstern as Attorney-in-Fact for Jennifer Pratt 05/19/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.