Mitesh Dhruv - 17 May 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Financial Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
17 May 2021
Net transactions value
-$63,358
Form type
4
Filing time
19 May 2021, 16:29:20 UTC
Next filing
24 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 Award $0 +541 +0.3% $0.000000 180,927 17 May 2021 Direct F1, F2
transaction RNG Class A Common Stock Tax liability $63,358 -269 -0.15% $235.53* 180,658 17 May 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units (RSUs) that vested in full on May 17, 2021. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter of 2021.
F2 Includes 84 shares acquired under the Issuer's Employee Stock Purchase Plan on May 12, 2021.
F3 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.