Vaibhav Agarwal - 21 Nov 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
21 Nov 2022
Net transactions value
-$405,956
Form type
4
Filing time
22 Nov 2022, 19:42:17 UTC
Previous filing
17 Nov 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Tax liability $297,236 -8,305 -7.5% $35.79 102,213 21 Nov 2022 Direct F1
transaction RNG Class A Common Stock Sale $61,172 -1,792 -1.8% $34.14 100,421 22 Nov 2022 Direct F2, F3
transaction RNG Class A Common Stock Sale $47,548 -1,356 -1.4% $35.06 99,065 22 Nov 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Restricted Stock Units.
F2 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.83 to $34.695, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) and (4) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.945 to $35.27, inclusive.