Vaibhav Agarwal - 19 May 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Accounting Officer
Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
19 May 2023
Net transactions value
-$207,493
Form type
4
Filing time
23 May 2023, 19:22:21 UTC
Previous filing
17 May 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +43,333 +46% $0.000000 137,751 19 May 2023 Direct F1
transaction RNG Class A Common Stock Tax liability $207,493 -6,689 -4.9% $31.02 131,062 20 May 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.