Vaibhav Agarwal - Jan 3, 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Accounting Officer
Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Jan 3, 2023
Transactions value $
-$55,983
Form type
4
Date filed
1/5/2023, 03:17 PM
Previous filing
Nov 22, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +1.6K +1.61% $0.00 101K Jan 3, 2023 Direct F1
transaction RNG Class A Common Stock Tax liability -$22.5K -651 -0.65% $34.58 100K Jan 3, 2023 Direct F2
transaction RNG Class A Common Stock Sale -$33.5K -945 -0.94% $35.42 99.1K Jan 4, 2023 Direct F3
* 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 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.
F3 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2022.