Vaibhav Agarwal - May 19, 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
May 19, 2023
Transactions value $
-$207,493
Form type
4
Date filed
5/23/2023, 07:22 PM
Previous filing
May 17, 2023
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +43.3K +45.89% $0.00 138K May 19, 2023 Direct F1
transaction RNG Class A Common Stock Tax liability -$207K -6.69K -4.86% $31.02 131K May 20, 2023 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 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.