John H. Marlow - Feb 7, 2024 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
Feb 7, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 04:18 PM
Previous filing
Nov 22, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +171K +60.39% $0.00 453K Feb 7, 2024 Direct F1
holding RNG Class A Common Stock 12.1K Feb 7, 2024 By Trust F2
holding RNG Class A Common Stock 12.6K Feb 7, 2024 By Trusts F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the above-target achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 7, 2024, with respect to performance awards granted to the Reporting Person on May 19, 2023. 1/3 of the PSUs subject to this award will vest on February 20, 2024; and 1/8th of the remaining PSUs shall vest in equal quarterly increments thereafter.
F2 Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.
F3 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.