John H. Marlow - Mar 2, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
SVP, CAO & General Counsel
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Stock symbol
RNG
Transactions as of
Mar 2, 2022
Transactions value $
$56,789
Form type
4
Date filed
3/4/2022, 04:20 PM
Previous filing
Feb 24, 2022
Next filing
Mar 16, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNG Stock Options (right to buy) Options Exercise $0 -5.45K -58.51% $0.00 3.86K Mar 2, 2022 Class B Common Stock 5.45K $10.42 Direct F1
transaction RNG Class B Common Stock Options Exercise $56.8K +5.45K +2.45% $10.42 228K Mar 2, 2022 Class A Common Stock 5.45K Direct F2
holding RNG Class B Common Stock 42.3K Mar 2, 2022 Class A Common Stock 42.3K By Trust F2, F3
holding RNG Class B Common Stock 4.55K Mar 2, 2022 Class A Common Stock 4.55K By Trusts F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options were fully vested and exercisable.
F2 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock held by a shareholder will convert automatically into one share of Class A Common Stock upon (i) any transfer of such share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.
F3 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F4 Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.