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

Role
Acting CFO, CAO
Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
15 Feb 2022
Net transactions value
-$111,503
Form type
4
Filing time
17 Feb 2022, 15:03:49 UTC
Previous filing
04 Jan 2022
Next filing
24 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 +251 +0.99% $0.000000 25,690 15 Feb 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +319 +1.2% $0.000000 26,009 15 Feb 2022 Direct F2
transaction RNG Class A Common Stock Tax liability $40,510 -234 -0.9% $173.12* 25,775 15 Feb 2022 Direct F3
transaction RNG Class A Common Stock Sale $70,993 -418 -1.6% $169.84* 25,357 16 Feb 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.