Praful Shah - May 20, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Strategy Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
May 20, 2021
Transactions value $
-$531,326
Form type
4
Date filed
5/24/2021, 07:11 PM
Previous filing
May 19, 2021
Next filing
Jun 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Tax liability -$531K -2.06K -1.03% $257.55* 199K May 20, 2021 Direct F1
holding RNG Class A Common Stock 49.6K May 20, 2021 By Trust F2
holding RNG Class A Common Stock 49.6K May 20, 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.