RingCentral, Inc. — Director's Dealing 2022

Nov 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2022-11-15

Reporting Person: Marlow John H (SVP, CAO & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-15	Class A Common Stock	A	1170	$0.00	Acquired	203406	Direct
2022-11-15	Class A Common Stock	A	2565	$0.00	Acquired	205971	Direct
2022-11-15	Class A Common Stock	F	1853	$41.67	Disposed	204118	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-15	Stock Options (right to buy)	$10.42	M	3864	Disposed	2023-06-12	Class B Common Stock (3864)	Direct
2022-11-15	Class B Common Stock	$	M	3864	Acquired		Class A Common Stock (3864)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	12080	Indirect
Class A Common Stock	12550	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (42320)	42320	Indirect

Footnotes

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: Includes 38 shares acquired under the Issuer's Employee Stock Purchase Plan on November 12, 2022.

F3: 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 third quarter of 2022.

F4: 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.

F5: Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.

F6: 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.

F7: Options were fully vested and exercisable.

F8: Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock held by a shareholder will convert automatically into one share of Class A Common Stock upon (i) any transfer of such share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.