Vladimir Shmunis - 20 May 2025 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
CEO and Chairman, Director
Signature
/s/ John Marlow, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
20 May 2025
Net transactions value
-$3,973,616
Form type
4
Filing time
22 May 2025, 20:15:12 UTC
Previous filing
24 Feb 2025
Next filing
22 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shmunis Vladimir CEO and Chairman, Director C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT /s/ John Marlow, Attorney-in-Fact 22 May 2025 0001586647

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +253,369 +57% $0.000000 698,109 20 May 2025 Direct F1
transaction RNG Class A Common Stock Award $0 +4,566 +0.65% $0.000000 702,675 20 May 2025 Direct F2
transaction RNG Class A Common Stock Sale $2,501,761 -94,207 -13% $26.56 608,468 21 May 2025 Direct F3, F4
transaction RNG Class A Common Stock Sale $20,270 -749 -0.12% $27.06 607,719 21 May 2025 Direct F3, F5
transaction RNG Class A Common Stock Sale $1,451,584 -54,899 -9% $26.44 552,820 22 May 2025 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") that will vest in equal quarterly installments over a two year period commencing on May 20, 2025.
F2 Represents RSUs that were fully vested as of the grant date. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the first quarter of 2025.
F3 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.06 to $27.05, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (6) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.06 to $27.07, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.63, inclusive.