John H. Marlow - Nov 15, 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role: SVP, CAO & General Counsel
Signature: /s/ Paul Porter, Attorney-in-Fact
Stock symbol: RNG
Transactions as of: Nov 15, 2022
Transactions value $: -$77,215
Form type: 4
Date filed: 11/17/2022, 05:35 PM
Previous filing: Aug 30, 2022
Next filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RNG	Class A Common Stock	Award	$0	+1.17K	+0.58%	$0.00	203K	Nov 15, 2022	Direct	F1, F2
transaction	RNG	Class A Common Stock	Award	$0	+2.57K	+1.26%	$0.00	206K	Nov 15, 2022	Direct	F3
transaction	RNG	Class A Common Stock	Tax liability	-$77.2K	-1.85K	-0.9%	$41.67	204K	Nov 15, 2022	Direct	F4
holding	RNG	Class A Common Stock						12.1K	Nov 15, 2022	By Trust	F5
holding	RNG	Class A Common Stock						12.6K	Nov 15, 2022	By Trusts	F6

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	-3.86K	-100%	$0.00^*	0	Nov 15, 2022	Class B Common Stock	3.86K	$10.42	Direct	F7
transaction	RNG	Class B Common Stock	Options Exercise		+3.86K	+1.7%		231K	Nov 15, 2022	Class A Common Stock	3.86K		Direct	F8
holding	RNG	Class B Common Stock						42.3K	Nov 15, 2022	Class A Common Stock	42.3K		By Trust	F5, F8

* 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 were fully vested as of the grant date. These RSUs represent awards received in lieu of cash salary.
F2	Includes 38 shares acquired under the Issuer's Employee Stock Purchase Plan on November 12, 2022.
F3	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 third quarter of 2022.
F4	In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
F5	Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F6	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.
F7	Options were fully vested and exercisable.
F8	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.