Vladimir Shmunis - Nov 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
Nov 20, 2022
Transactions value $
-$490,359
Form type
4
Date filed
11/22/2022, 07:39 PM
Previous filing
Aug 23, 2022
Next filing
Dec 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +3.53K +1.22% $0.00 293K Nov 20, 2022 Direct F1
transaction RNG Class A Common Stock Tax liability -$490K -13.7K -4.68% $35.79 279K Nov 21, 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 third 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.