John H. Marlow - 14 Mar 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
14 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 19:57:09 UTC
Previous filing
04 Mar 2022
Next filing
18 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +51,919 +31% $0.000000 217,834 14 Mar 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +4,673 +2.1% $0.000000 222,507 14 Mar 2022 Direct F2
holding RNG Class A Common Stock 12,080 14 Mar 2022 By Trust F3
holding RNG Class A Common Stock 8,000 14 Mar 2022 By Trusts 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 will vest and be settled in shares of Class A Common Stock over a four year period as follows: (i) 1/8 of the RSUs shall vest on May 20, 2022 and (ii) the remaining RSUs shall vest in equal quarterly installments thereafter.
F2 Represents RSUs that will vest and be settled in shares of Class A Common Stock quarterly over a one year period on each of May 20, August 20, November 20, 2022 and February 20, 2023.
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.