Vladimir Shmunis - 07 Feb 2024 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
07 Feb 2024
Net transactions value
$0
Form type
4
Filing time
13 Feb 2024, 16:14:07 UTC
Previous filing
24 Nov 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +384,161 +106% $0.000000 746,410 07 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the above-target achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 7, 2024, with respect to performance awards granted to the Reporting Person on May 19, 2023. 1/3 of the PSUs subject to this award will vest on February 21, 2024; and 1/8th of the remaining PSUs shall vest in equal quarterly increments thereafter.