Vaibhav Agarwal - Feb 15, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Acting CFO, CAO
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Feb 15, 2022
Transactions value $
-$111,503
Form type
4
Date filed
2/17/2022, 03:03 PM
Previous filing
Jan 4, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +251 +0.99% $0.00 25.7K Feb 15, 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +319 +1.24% $0.00 26K Feb 15, 2022 Direct F2
transaction RNG Class A Common Stock Tax liability -$40.5K -234 -0.9% $173.12* 25.8K Feb 15, 2022 Direct F3
transaction RNG Class A Common Stock Sale -$71K -418 -1.62% $169.84* 25.4K Feb 16, 2022 Direct F4
* 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 fourth 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.
F4 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.