Praful Shah - Sep 2, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Strategy Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Sep 2, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 04:50 PM
Previous filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +14K +7.11% $0.00 211K Sep 2, 2021 Direct F1
holding RNG Class A Common Stock 49.6K Sep 2, 2021 See footnote F2
holding RNG Class A Common Stock 49.6K Sep 2, 2021 See footnote 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") received pursuant to the terms of that certain Non-Competition Agreement ("Agreement") dated September 2, 2021 by and between the Reporting Person and the Issuer. The RSUs will vest and be settled in shares of Class A Common Stock on August 20, 2022, and such vesting is conditional on compliance with the Agreement.
F2 Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.