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

Role
SVP, CAO & General Counsel
Signature
/s/ Bruce Johnson, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
11 May 2021
Net transactions value
-$427,068
Form type
4
Filing time
13 May 2021, 20:17:10 UTC
Next filing
19 May 2021
SEC
View on sec.gov

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 +1,600 $0.000000 1,600 11 May 2021 By Trusts F1, F2
transaction RNG Class A Common Stock Sale $25,943 -100 -6.2% $259.43* 1,500 11 May 2021 By Trusts F2, F3
transaction RNG Class A Common Stock Sale $52,370 -200 -13% $261.85* 1,300 11 May 2021 By Trusts F2, F3, F4
transaction RNG Class A Common Stock Sale $129,761 -487 -37% $266.45* 813 11 May 2021 By Trusts F2, F3, F5
transaction RNG Class A Common Stock Sale $78,927 -295 -36% $267.55* 518 11 May 2021 By Trusts F2, F3, F6
transaction RNG Class A Common Stock Sale $28,225 -105 -20% $268.81* 413 11 May 2021 By Trusts F2, F3, F7
transaction RNG Class A Common Stock Sale $57,563 -213 -52% $270.25* 200 11 May 2021 By Trusts F3, F8
transaction RNG Class A Common Stock Sale $54,278 -200 -100% $271.39* 0 11 May 2021 By Trusts F2, F3, F9
* 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 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.
F3 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.81 to $261.94, 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 (4) through (9) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.145 to $266.54, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267.23 to $268.18, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.29 to $268.84, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.87 to $270.68, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.01 to $271.75, inclusive.

Remarks:

This is the 2nd of two Forms 4 that report transactions that occurred on May 11, 2021 by the Reporting Person and related parties.