John H. Marlow - Oct 13, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
SVP, CAO & General Counsel
Signature
/s/ Bruce Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Oct 13, 2021
Transactions value $
-$591,381
Form type
4
Date filed
10/15/2021, 04:04 PM
Previous filing
Oct 14, 2021
Next filing
Nov 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 +2.5K +1.33% $0.00 190K Oct 13, 2021 Direct F1
transaction RNG Class A Common Stock Sale -$212K -900 -0.47% $235.81* 189K Oct 13, 2021 Direct F2, F3
transaction RNG Class A Common Stock Sale -$379K -1.6K -0.85% $236.97* 188K Oct 13, 2021 Direct F2, F4
holding RNG Class A Common Stock 12.1K Oct 13, 2021 By Trust F5
holding RNG Class A Common Stock 8K Oct 13, 2021 By Trusts F6

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 -2.5K -0.99% $0.00 250K Oct 12, 2021 Class A Common Stock 2.5K Direct F1, F7
holding RNG Class B Common Stock 8.32K Oct 13, 2021 Class A Common Stock 420 By Trust F5, F7
holding RNG Class B Common Stock 4.55K Oct 13, 2021 Class A Common Stock 250 By Trusts F6, F7
* 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 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.39 to $236.24, 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) and (4) 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 $236.45 to $237.315, inclusive.
F5 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F6 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.
F7 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.