Vaibhav Agarwal - Mar 14, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Interim CFO, CAO
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 07:58 PM
Previous filing
Feb 24, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +69.2K +279.95% $0.00 94K Mar 14, 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +1.75K +1.87% $0.00 95.7K Mar 14, 2022 Direct F2
* 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.