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

Role
CEO & Chairman, Director
Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Aug 20, 2022
Transactions value $
-$622,734
Form type
4
Date filed
8/23/2022, 08:01 PM
Previous filing
Jun 14, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +3.84K +1.28% $0.00 303K Aug 20, 2022 Direct F1
transaction RNG Class A Common Stock Tax liability -$623K -13.9K -4.57% $44.94 289K Aug 22, 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.