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

Role: DEPUTY CHIEF FINANCIAL OFFICER
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, 16:21:15 UTC
Previous filing: 22 Nov 2023
Next filing: 22 Feb 2024
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	+53,360	+55%	$0.000000	149,898	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 20, 2024; and 1/8th of the remaining PSUs shall vest in equal quarterly increments thereafter.

Content

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 20, 2024; and 1/8th of the remaining PSUs shall vest in equal quarterly increments thereafter.