Abhey Lamba - 16 Dec 2024 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Financial Officer
Signature
/s/ Ashley Ta, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
16 Dec 2024
Net transactions value
$0
Form type
4
Filing time
17 Dec 2024, 17:11:13 UTC
Previous filing
06 Dec 2024
Next filing
24 Feb 2025
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 +125,210 $0.000000 125,210 16 Dec 2024 Direct F1
transaction RNG Class A Common Stock Award $0 +25,042 +20% $0.000000 150,252 16 Dec 2024 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 and be settled in shares of Class A Common Stock over a four year period as follows: (i) one-fourth (1/4) of the total number of RSUs shall vest on November 20, 2025, and (ii) the remaining RSUs shall vest in equal quarterly installments thereafter.
F2 Represents RSUs that will vest and be settled in shares of Class A Common Stock over a two year period as follows: (i) three-sixteenths (3/16) of the total number of RSUs shall vest on each of February 20, May 20, August 20 and November 20, 2025; and (ii) one-sixteenth (1/16) of the total number of RSUs shall vest on each of February 20, May 20, August 20 and November 20, 2026.