John H. Marlow - May 19, 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Paul Porter, Attorney-in-Fact
Stock symbol
RNG
Transactions as of
May 19, 2023
Transactions value $
-$209,726
Form type
4
Date filed
5/23/2023, 07:21 PM
Previous filing
May 17, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +139K +72.83% $0.00 329K May 19, 2023 Direct F1
transaction RNG Class A Common Stock Tax liability -$210K -6.76K -2.05% $31.02 322K May 20, 2023 Direct F2
holding RNG Class A Common Stock 12.1K May 19, 2023 By Trust F3
holding RNG Class A Common Stock 12.6K May 19, 2023 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 in equal quarterly installments over a four year period commencing on May 20, 2023.
F2 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.
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.