Sonalee Elizabeth Parekh - Nov 15, 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
Nov 15, 2022
Transactions value $
-$171,165
Form type
4
Date filed
11/17/2022, 05:34 PM
Previous filing
Aug 17, 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 +1.32K +1.14% $0.00 117K Nov 15, 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +2.85K +2.44% $0.00 120K Nov 15, 2022 Direct F2
transaction RNG Class A Common Stock Tax liability -$87.8K -2.11K -1.76% $41.67 118K Nov 15, 2022 Direct F3
transaction RNG Class A Common Stock Sale -$83.4K -2.06K -1.75% $40.41 116K Nov 16, 2022 Direct F4
* 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 third 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 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.