Sonalee Elizabeth Parekh - 15 Aug 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Financial Officer
Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
15 Aug 2023
Net transactions value
-$109,641
Form type
4
Filing time
17 Aug 2023, 16:27:47 UTC
Previous filing
23 Jun 2023
Next filing
22 Aug 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 +3,675 +1.3% $0.000000 289,002 15 Aug 2023 Direct F1, F2
transaction RNG Class A Common Stock Tax liability $54,581 -1,823 -0.63% $29.94 287,179 15 Aug 2023 Direct F3
transaction RNG Class A Common Stock Sale $55,060 -1,852 -0.64% $29.73 285,327 16 Aug 2023 Direct 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 were fully vested as of the grant date. These RSUs represent awards received in lieu of cash salary.
F2 Reflects an adjustment to correct an unintentional overstatement of shares in the Reporting Person's last Form 4.
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 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 29, 2022.