John H. Marlow - 19 May 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
19 May 2023
Net transactions value
-$209,726
Form type
4
Filing time
23 May 2023, 19:21:24 UTC
Previous filing
17 May 2023
Next filing
30 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +138,664 +73% $0.000000 329,045 19 May 2023 Direct F1
transaction RNG Class A Common Stock Tax liability $209,726 -6,761 -2.1% $31.02 322,284 20 May 2023 Direct F2
holding RNG Class A Common Stock 12,080 19 May 2023 By Trust F3
holding RNG Class A Common Stock 12,550 19 May 2023 By Trusts 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 will vest in equal quarterly installments over a four year period commencing on May 20, 2023.
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 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F4 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.