Vaibhav Agarwal - 13 Aug 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Accounting Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
13 Aug 2021
Net transactions value
-$137,242
Form type
4
Filing time
17 Aug 2021, 21:10:46 UTC
Previous filing
17 Jun 2021
Next filing
24 Aug 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 Sale $22,332 -88 -0.33% $253.77* 26,358 13 Aug 2021 Direct F1
transaction RNG Class A Common Stock Award $0 +258 +0.98% $0.000000 26,616 16 Aug 2021 Direct F2
transaction RNG Class A Common Stock Award $0 +213 +0.8% $0.000000 26,829 16 Aug 2021 Direct F3
transaction RNG Class A Common Stock Tax liability $57,257 -234 -0.87% $244.69* 26,595 16 Aug 2021 Direct F4
transaction RNG Class A Common Stock Sale $57,653 -237 -0.89% $243.26* 26,358 17 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.
F2 Represents Restricted Stock Units ("RSUs") that were fully vested as of the grant date. These RSUs represent awards received in lieu of cash salary.
F3 Represents RSUs that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the second quarter of 2021.
F4 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.