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

Role
Chief Strategy Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
17 May 2021
Net transactions value
-$69,732
Form type
4
Filing time
19 May 2021, 16:32:13 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 +313 +0.16% $0.000000 201,091 17 May 2021 Direct F1, F2
transaction RNG Class A Common Stock Tax liability $36,743 -156 -0.08% $235.53* 200,935 17 May 2021 Direct F3
transaction RNG Class A Common Stock Sale $32,990 -137 -0.07% $240.80* 200,798 17 May 2021 Direct F4
holding RNG Class A Common Stock 49,628 17 May 2021 By Trust F5
holding RNG Class A Common Stock 49,628 17 May 2021 By Trust F5
* 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.
F4 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2021.
F5 Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.