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

Role
Chief Financial Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
May 17, 2021
Transactions value $
-$63,358
Form type
4
Date filed
5/19/2021, 04:29 PM
Next filing
May 24, 2021

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% $0.00 181K May 17, 2021 Direct F1, F2
transaction RNG Class A Common Stock Tax liability -$63.4K -269 -0.15% $235.53* 181K May 17, 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.