John H. Marlow - 30 Dec 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
SVP, CAO & General Counsel
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
30 Dec 2021
Net transactions value
-$345
Form type
4
Filing time
04 Jan 2022, 20:15:09 UTC
Previous filing
09 Dec 2021
Next filing
17 Feb 2022
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 Award $0 +205 +0.12% $0.000000 167,686 03 Jan 2022 Direct F1
transaction RNG Class A Common Stock Tax liability $16,355 -85 -0.05% $192.41* 167,601 03 Jan 2022 Direct F2
holding RNG Class A Common Stock 12,080 30 Dec 2021 By Trust F3
holding RNG Class A Common Stock 8,000 30 Dec 2021 By Trusts F4

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 Stock Options (right to buy) Options Exercise $0 -4,573 -80% $0.000000 1,131 30 Dec 2021 Class B Common Stock 4,573 $2.73 Direct F5
transaction RNG Class B Common Stock Options Exercise $12,484 +4,573 +1.8% $2.73* 254,907 30 Dec 2021 Class A Common Stock 4,573 Direct F6
transaction RNG Stock Options (right to buy) Options Exercise $0 -1,131 -100% $0.000000* 0 04 Jan 2022 Class B Common Stock 1,131 $2.73 Direct F5
transaction RNG Class B Common Stock Options Exercise $3,088 +1,131 +0.44% $2.73* 256,038 04 Jan 2022 Class A Common Stock 1,131 Direct F6
transaction RNG Stock Options (right to buy) Options Exercise $0 -42 -0.45% $0.000000 9,314 04 Jan 2022 Class B Common Stock 42 $10.42 Direct F5
transaction RNG Class B Common Stock Options Exercise $438 +42 +0.02% $10.42 256,080 04 Jan 2022 Class A Common Stock 42 Direct F6
holding RNG Class B Common Stock 8,320 30 Dec 2021 Class A Common Stock 8,320 By Trust F6
holding RNG Class B Common Stock 4,550 30 Dec 2021 Class A Common Stock 4,550 By Trusts F6
* 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.
F3 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F4 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.
F5 Options were fully vested and exercisable.
F6 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.