Mitesh Dhruv - Aug 16, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Financial Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Aug 16, 2021
Transactions value $
-$138,250
Form type
4
Date filed
8/17/2021, 09:28 PM
Previous filing
Jun 17, 2021
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +501 +0.29% $0.00 173K Aug 16, 2021 Direct F1
transaction RNG Class A Common Stock Award $0 +637 +0.37% $0.00 173K Aug 16, 2021 Direct F2
transaction RNG Class A Common Stock Tax liability -$138K -565 -0.33% $244.69* 173K Aug 16, 2021 Direct F3
* 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 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.
F3 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.