Sonalee Elizabeth Parekh - May 30, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Financial Officer
Signature
/s/ Paul Porter, Attorney-in-fact
Stock symbol
RNG
Transactions as of
May 30, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 06:50 PM
Previous filing
May 27, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +107K $0.00 107K May 30, 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +6.68K +6.25% $0.00 114K May 30, 2022 Direct F2
transaction RNG Class A Common Stock Award $0 +15.4K +13.53% $0.00 129K May 30, 2022 Direct F3
* 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) 1/4 of the RSUs shall vest on May 20, 2023, and (ii) the remaining RSUs shall vest in equal quarterly installments thereafter.
F2 Represents RSUs that will fully vest and be settled in shares of Class A Common Stock on May 20, 2023.
F3 Represents RSUs that were fully vested as of the grant date.