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

Role
Chief Financial Officer
Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Aug 15, 2023
Transactions value $
-$109,641
Form type
4
Date filed
8/17/2023, 04:27 PM
Previous filing
Jun 23, 2023
Next filing
Aug 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 +3.68K +1.29% $0.00 289K Aug 15, 2023 Direct F1, F2
transaction RNG Class A Common Stock Tax liability -$54.6K -1.82K -0.63% $29.94 287K Aug 15, 2023 Direct F3
transaction RNG Class A Common Stock Sale -$55.1K -1.85K -0.64% $29.73 285K Aug 16, 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.