Mohammed Katibeh - 01 Feb 2022 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
Chief Operating Officer
Signature
/s/ Bruce P. Johnson, Attorney-in-fact
Issuer symbol
RNG
Transactions as of
01 Feb 2022
Transactions value $
$0
Form type
4
Filing time
03 Feb 2022, 16:01:27 UTC
Previous filing
21 Jan 2022
Next filing
24 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Award $0 +69.3K $0.00 69.3K 01 Feb 2022 Direct F1
transaction RNG Class A Common Stock Award $0 +2.89K +4.17% $0.00 72.2K 01 Feb 2022 Direct F2
* 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 August 20, 2022 (ii) 1/8 of the RSUs shall vest on February 20, 2023, and (iii) the remaining RSUs shall vest in equal quarterly installments commencing on May 20, 2023.
F2 Represents RSUs that will fully vest and be settled in shares of Class A Common Stock on February 20, 2022.