Mohammed Katibeh - 15 May 2023 Form 4 Insider Report for RingCentral, Inc. (RNG)

Role
President and COO
Signature
/s/ Paul Porter, Attorney-in-Fact
Issuer symbol
RNG
Transactions as of
15 May 2023
Transactions value $
-$143,960
Form type
4
Filing time
17 May 2023, 19:03:50 UTC
Previous filing
23 May 2023
Next filing
16 Jun 2023
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 +4.75K +4.31% $0.00 115K 15 May 2023 Direct F1
transaction RNG Class A Common Stock Award $0 +5.47K +4.75% $0.00 120K 15 May 2023 Direct F2
transaction RNG Class A Common Stock Tax liability -$144K -5.07K -4.21% $28.40 115K 15 May 2023 Direct F3
* 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 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 first quarter of 2023.
F3 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.