X0304 4 2012-02-16 0 0001107694 RACKSPACE HOSTING, INC. RAX 0001492055 Matthews Patrick M. 5000 WALZEM SAN ANTONIO TX 78218 0 1 0 0 SVP and GM, Cloud Common Stock 2012-02-15 4 A 0 2194 0 A 149707 D Common Stock 2012-02-16 4 S 0 201 53.8251 D 149506 D Employee Stock (Option Right to Buy) 54.12 2012-02-15 4 A 0 4602 0 A 2019-02-15 Common Stock 4602 4602 D These shares were granted in the forms of Restricted Stock Awards (RSA's). Each RSA represents a contingent right to receive one share of Rackspace Hosting, Inc. common stock. 1/4 of these shares under the RSA grant shall vest and be delivered promptly after each anniversary of the grant date of February 15, 2012. Granted pursuant to the Rackspace Hosting, Inc. 2007 Long Term Incentive Plan. 1/4 of the options vest annually beginning on the grant date of February 15, 2012. 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 these sales of shares ranged from $53.71 to $53.91 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. /s/ William Alberts by Power of Attorney 2012-02-17