John H. Marlow - 15 Aug 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
SVP, CAO & General Counsel
Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
15 Aug 2022
Net transactions value
-$104,173
Form type
4
Filing time
17 Aug 2022, 16:34:57 UTC
Previous filing
01 Jun 2022
Next filing
24 Aug 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 +1,858 +0.88% $0.000000 212,632 15 Aug 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +2,144 +1% $0.000000 214,776 15 Aug 2022 Direct F2
transaction RNG Class A Common Stock Tax liability $104,173 -1,985 -0.92% $52.48 212,791 15 Aug 2022 Direct F3
holding RNG Class A Common Stock 12,080 15 Aug 2022 By Trust F4
holding RNG Class A Common Stock 12,550 15 Aug 2022 By Trusts F5
* 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 second quarter of 2022.
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 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F5 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.