John H. Marlow - Feb 15, 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
SVP, CAO & General Counsel
Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Feb 15, 2023
Transactions value $
-$75,762
Form type
4
Date filed
2/17/2023, 07:30 PM
Previous filing
Jan 12, 2023
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +2.02K +1.04% $0.00 196K Feb 15, 2023 Direct F1
transaction RNG Class A Common Stock Award $0 +2.14K +1.1% $0.00 198K Feb 15, 2023 Direct F2
transaction RNG Class A Common Stock Tax liability -$75.8K -1.57K -0.79% $48.41 196K Feb 15, 2023 Direct F3
holding RNG Class A Common Stock 12.1K Feb 15, 2023 By Trust F4
holding RNG Class A Common Stock 12.6K Feb 15, 2023 By Trusts F5
* 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 fourth 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 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F5 Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.