John H. Marlow - 11 May 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce Johnson, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
11 May 2021
Net transactions value
-$3,869,024
Form type
4
Filing time
13 May 2021, 20:15:47 UTC
Next filing
19 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Conversion of derivative security $0 +12,000 +5.9% $0.000000 215,493 11 May 2021 Direct F1
transaction RNG Class A Common Stock Sale $25,366 -100 -0.05% $253.66* 215,393 11 May 2021 Direct F2
transaction RNG Class A Common Stock Sale $25,500 -100 -0.05% $255.00* 215,293 11 May 2021 Direct F2
transaction RNG Class A Common Stock Sale $103,068 -400 -0.19% $257.67* 214,893 11 May 2021 Direct F2, F3
transaction RNG Class A Common Stock Sale $77,832 -300 -0.14% $259.44* 214,593 11 May 2021 Direct F2, F4
transaction RNG Class A Common Stock Sale $78,249 -300 -0.14% $260.83* 214,293 11 May 2021 Direct F2, F5
transaction RNG Class A Common Stock Sale $314,292 -1,200 -0.56% $261.91* 213,093 11 May 2021 Direct F2, F6
transaction RNG Class A Common Stock Sale $131,930 -500 -0.23% $263.86* 212,593 11 May 2021 Direct F2, F7
transaction RNG Class A Common Stock Sale $139,214 -525 -0.25% $265.17* 212,068 11 May 2021 Direct F2, F8
transaction RNG Class A Common Stock Sale $427,264 -1,603 -0.76% $266.54* 210,465 11 May 2021 Direct F2, F9
transaction RNG Class A Common Stock Sale $477,095 -1,784 -0.85% $267.43* 208,681 11 May 2021 Direct F2, F10
transaction RNG Class A Common Stock Sale $351,800 -1,310 -0.63% $268.55* 207,371 11 May 2021 Direct F2, F11
transaction RNG Class A Common Stock Sale $269,540 -1,000 -0.48% $269.54* 206,371 11 May 2021 Direct F2, F12
transaction RNG Class A Common Stock Sale $348,584 -1,288 -0.62% $270.64* 205,083 11 May 2021 Direct F2, F13
transaction RNG Class A Common Stock Sale $322,918 -1,190 -0.58% $271.36* 203,893 11 May 2021 Direct F2, F14
transaction RNG Class A Common Stock Sale $108,956 -400 -0.2% $272.39* 203,577 11 May 2021 Direct F2, F15, F16
transaction RNG Class A Common Stock Conversion of derivative security $0 +2,500 $0.000000 2,500 11 May 2021 By Trust F1, F17
transaction RNG Class A Common Stock Sale $25,784 -100 -4% $257.84* 2,400 11 May 2021 By Trust F2, F17, F18
transaction RNG Class A Common Stock Sale $26,037 -100 -4.2% $260.37* 2,300 11 May 2021 By Trust F2, F17
transaction RNG Class A Common Stock Sale $52,350 -200 -8.7% $261.75* 2,100 11 May 2021 By Trust F2, F17, F19
transaction RNG Class A Common Stock Sale $26,291 -100 -4.8% $262.91* 2,000 11 May 2021 By Trust F2, F17
transaction RNG Class A Common Stock Sale $90,198 -339 -17% $266.07* 1,661 11 May 2021 By Trust F2, F17, F20
transaction RNG Class A Common Stock Sale $142,503 -534 -32% $266.86* 1,127 11 May 2021 By Trust F2, F17, F21
transaction RNG Class A Common Stock Sale $60,847 -227 -20% $268.05* 900 11 May 2021 By Trust F2, F17, F22
transaction RNG Class A Common Stock Sale $80,748 -300 -33% $269.16* 600 11 May 2021 By Trust F2, F17, F23
transaction RNG Class A Common Stock Sale $54,036 -200 -33% $270.18* 400 11 May 2021 By Trust F2, F17, F24
transaction RNG Class A Common Stock Sale $54,212 -200 -50% $271.06* 200 11 May 2021 By Trust F2, F17, F25
transaction RNG Class A Common Stock Sale $54,408 -200 -100% $272.04* 0 11 May 2021 By Trust F2, F17, F26

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNG Class B Common Stock Conversion of derivative security $0 -12,000 -4% $0.000000 286,334 11 May 2021 Class A Common Stock 12,000 Direct F1, F27
transaction RNG Class B Common Stock Conversion of derivative security $0 -2,500 -10% $0.000000 22,500 11 May 2021 Class A Common Stock 2,500 By Trust F1, F17, F27
transaction RNG Class B Common Stock Conversion of derivative security $0 -1,600 -10% $0.000000 13,800 11 May 2021 Class A Common Stock 1,600 By Trusts F1, F27, F28
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on December 14, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.38 to $258.15, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (15) and footnotes (18) through (26) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.07 to $259.64, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.34 to $261.32, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.51 to $262.50, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.47 to $264.35, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.74 to $265.54, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $265.94 to $266.93, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.94 to $267.92, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.00 to $268.99, inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.01 to $270.00, inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.01 to $270.99, inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.02 to $271.93, inclusive.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.02 to $272.74, inclusive.
F16 Includes 84 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2021.
F17 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.84 to $257.85, inclusive.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.63 to $261.87, inclusive.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $265.44 to $266.39, inclusive.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.45 to $267.24, inclusive.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267.53 to $268.30, inclusive.
F23 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.69 to $269.66, inclusive.
F24 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.78 to $270.57, inclusive.
F25 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.81 to $271.30, inclusive.
F26 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.02 to $272.21, inclusive.
F27 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock held by a shareholder will convert automatically into one share of Class A Common Stock upon (i) any transfer of such share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.
F28 Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.

Remarks:

This is the 1st of two Forms 4 that report transactions that occurred on May 11, 2021 by the Reporting Person and related parties.