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RingCentral, Inc. Director's Dealing 2021

Feb 19, 2021

31440_dirs_2021-02-18_17de99e8-a07d-4129-b617-eca9d1ad9cb3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2021-02-16

Reporting Person: Shah Praful (Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-16 Class A Common Stock A 272 $0.00 Acquired 197299 Direct
2021-02-17 Class A Common Stock S 301 $414.30 Disposed 196998 Direct
2021-02-17 Class A Common Stock S 400 $416.00 Disposed 196598 Direct
2021-02-17 Class A Common Stock S 100 $416.58 Disposed 196498 Direct
2021-02-17 Class A Common Stock S 500 $418.14 Disposed 195998 Direct
2021-02-17 Class A Common Stock S 2201 $419.28 Disposed 193797 Direct
2021-02-17 Class A Common Stock S 4350 $420.20 Disposed 189447 Direct
2021-02-17 Class A Common Stock S 2506 $421.13 Disposed 186941 Direct
2021-02-17 Class A Common Stock S 1300 $422.04 Disposed 185641 Direct
2021-02-17 Class A Common Stock S 300 $423.21 Disposed 185341 Direct
2021-02-17 Class A Common Stock S 300 $424.75 Disposed 185041 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 24389 Indirect
Class A Common Stock 24389 Indirect
Class A Common Stock 25239 Indirect
Class A Common Stock 25239 Indirect

Footnotes

F1: Represents Restricted Stock Units ("RSUs") that will vest in full on February 20, 2021. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the fourth quarter of 2020.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2020.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $414.15 to $414.59, 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 ranges set forth in footnotes (3) through (11) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $415.54 to $416.40, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $417.67 to $418.56, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $418.73 to $419.64, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $419.73 to $420.70, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $420.73 to $421.58, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $421.73 to $422.45, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $422.86 to $423.48, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $424.24 to $425.01, inclusive.

F12: Shares held by the Praful Shah 2019 Grantor Retained Annuity Trust 1, for which the Reporting Person serves as trustee.

F13: Shares held by the Vandana Shah 2019 Grantor Retained Annuity Trust 1, for which the Reporting Person's spouse serves as trustee.

F14: Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.