Vladimir Shmunis - 20 Aug 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
CEO & Chairman, Director
Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
20 Aug 2022
Net transactions value
-$622,734
Form type
4
Filing time
23 Aug 2022, 20:01:10 UTC
Previous filing
14 Jun 2022
Next filing
22 Nov 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 +3,842 +1.3% $0.000000 303,221 20 Aug 2022 Direct F1
transaction RNG Class A Common Stock Tax liability $622,734 -13,857 -4.6% $44.94 289,364 22 Aug 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 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.
F2 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.