X0304 4 2012-03-12 0 0001107694 RACKSPACE HOSTING, INC. RAX 0001119366 MOORMAN LEW C/O RACKSPACE HOSTING, INC., 5000 WALZEM ROAD SAN ANTONIO TX 78218 1 1 0 0 President, Cloud Common Stock 2012-03-12 4 S 0 1194 53.1882 D 703777 D Common Stock 55902 I Held by Mr. Moorman's wife Common Stock 156343 I Held by the Lewis Jefferson Moorman IV 2007 Trust Common Stock 7347 I Held by the John Wood Moorman 2007 Trust Common Stock 7347 I Held by the Reese Howell Moorman 2007 Trust Common Stock 7347 I The Sarah Ladd Moorman 2007 Trust Common Stock 140810 I Held by the Laura Howell Moorman 2009 Trust Common Stock 140810 I Lewis Jefferson Moorman IV 2009 Trust These shares were sold pursuant to provisions contained in the Company's Form of RSU Agreement and Amended and Restated 2007 Long Term Incentive Plan for the satisfaction of certain tax obligations. The prices for the sale of these shares ranged from $53.12 to $53.22 per share. The 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. Mr. Moorman disclaims beneficial ownership of these shares except to the extent of his pecuniary interest. Mr. Moorman's wife is the Trustee of the Laura Howell Moorman 2009 Grantor Retained Annuity Trust. Mr. Moorman is the trustee of the Lewis Jefferson Moorman IV 2009 Grantor Retained Annuity Trust. /s/ William Alberts by Power of Attorney 2012-03-14