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

Role
Chief Financial Officer
Signature
/s/ Paul Porter, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
30 May 2022
Net transactions value
$0
Form type
4
Filing time
01 Jun 2022, 18:50:02 UTC
Previous filing
27 May 2022
Next filing
03 Jun 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 +106,850 $0.000000 106,850 30 May 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +6,678 +6.2% $0.000000 113,528 30 May 2022 Direct F2
transaction RNG Class A Common Stock Award $0 +15,360 +14% $0.000000 128,888 30 May 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.