John H. Marlow - Jun 9, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Jun 9, 2021
Transactions value $
-$1,220,455
Form type
4
Date filed
6/11/2021, 05:21 PM
Previous filing
Jun 1, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Conversion of derivative security $0 +4K +2.06% $0.00 198K Jun 9, 2021 Direct F1
transaction RNG Class A Common Stock Sale -$50.5K -196 -0.1% $257.50* 198K Jun 9, 2021 Direct F2, F3
transaction RNG Class A Common Stock Sale -$26.9K -104 -0.05% $258.91* 198K Jun 9, 2021 Direct F2, F4
transaction RNG Class A Common Stock Sale -$215K -828 -0.42% $259.55* 197K Jun 9, 2021 Direct F2, F5
transaction RNG Class A Common Stock Sale -$70.8K -272 -0.14% $260.33* 197K Jun 9, 2021 Direct F2, F6
transaction RNG Class A Common Stock Sale -$340K -1.3K -0.66% $261.70* 195K Jun 9, 2021 Direct F2, F7
transaction RNG Class A Common Stock Sale -$263K -1K -0.51% $262.69* 194K Jun 9, 2021 Direct F2, F8
transaction RNG Class A Common Stock Sale -$79K -300 -0.15% $263.41* 194K Jun 9, 2021 Direct F2, F9
transaction RNG Class A Common Stock Conversion of derivative security $0 +420 $0.00 420 Jun 9, 2021 By Trust F1, F10
transaction RNG Class A Common Stock Sale -$26K -100 -23.81% $260.41* 320 Jun 9, 2021 By Trust F2, F10
transaction RNG Class A Common Stock Sale -$57.6K -220 -68.75% $261.65* 100 Jun 9, 2021 By Trust F2, F10, F11
transaction RNG Class A Common Stock Sale -$26.3K -100 -100% $262.62* 0 Jun 9, 2021 By Trust F2, F10
transaction RNG Class A Common Stock Conversion of derivative security $0 +250 $0.00 250 Jun 9, 2021 By Trusts F1, F12
transaction RNG Class A Common Stock Sale -$65.6K -250 -100% $262.21* 0 Jun 9, 2021 By Trusts F2, F12, F13

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNG Class B Common Stock Conversion of derivative security $0 -4K -1.4% $0.00 282K Jun 9, 2021 Class A Common Stock 4K Direct F1, F14
transaction RNG Class B Common Stock Conversion of derivative security $0 -420 -1.87% $0.00 22.1K Jun 9, 2021 Class A Common Stock 420 By Trust F1, F10, F14
transaction RNG Class B Common Stock Conversion of derivative security $0 -250 -1.81% $0.00 13.6K Jun 9, 2021 Class A Common Stock 250 By Trusts F1, F12, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the Reporting Person on December 14, 2020.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.04 to $257.98, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (9) and footnotes (11) and (13) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.10 to $258.94, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.10 to $260.09, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.15 to $260.43, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.19 to $262.075, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.19 to $263.085, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.255 to $263.585, inclusive.
F10 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.435 to $261.84, inclusive.
F12 Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.82 to $262.75, inclusive.
F14 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock held by a shareholder will convert automatically into one share of Class A Common Stock upon (i) any transfer of such share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.