Mohammed Katibeh - Feb 20, 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
President and COO
Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
Feb 20, 2023
Transactions value $
-$612,408
Form type
4
Date filed
2/22/2023, 03:21 PM
Previous filing
Feb 17, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Tax liability -$346K -9.36K -7.37% $36.97 118K Feb 20, 2023 Direct F1
transaction RNG Class A Common Stock Sale -$266K -7.45K -6.33% $35.74 110K Feb 22, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 restricted stock units.
F2 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.57 to $36.06, 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 range set forth in this footnote to this Form 4.