Praful Shah - 20 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
20 May 2021
Net transactions value
-$531,326
Form type
4
Filing time
24 May 2021, 19:11:06 UTC
Previous filing
19 May 2021
Next filing
11 Jun 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 Tax liability $531,326 -2,063 -1% $257.55* 198,735 20 May 2021 Direct F1
holding RNG Class A Common Stock 49,628 20 May 2021 By Trust F2
holding RNG Class A Common Stock 49,628 20 May 2021 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.