Mitesh Dhruv - 15 Jun 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
15 Jun 2021
Net transactions value
-$40,604
Form type
4
Filing time
17 Jun 2021, 19:01:03 UTC
Previous filing
02 Jun 2021
Next filing
17 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +306 +0.18% $0.000000 172,434 15 Jun 2021 Direct F1
transaction RNG Class A Common Stock Tax liability $40,604 -152 -0.09% $267.13* 172,282 15 Jun 2021 Direct F2
* 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 were fully vested as of the grant date. These RSUs represent awards received in lieu of cash salary.
F2 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.