John H. Marlow - Mar 14, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce P. Johnson, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Mar 14, 2022
Transactions value $
$0
Form type
4
Date filed
3/16/2022, 07:57 PM
Previous filing
Mar 4, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +51.9K +31.29% $0.00 218K Mar 14, 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +4.67K +2.15% $0.00 223K Mar 14, 2022 Direct F2
holding RNG Class A Common Stock 12.1K Mar 14, 2022 By Trust F3
holding RNG Class A Common Stock 8K Mar 14, 2022 By Trusts F4
* 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) 1/8 of the RSUs shall vest on May 20, 2022 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 quarterly over a one year period on each of May 20, August 20, November 20, 2022 and February 20, 2023.
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.