RingCentral, Inc. — Director's Dealing 2022

Mar 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2022-03-01

Reporting Person: Williams R Neil (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-01	Class A Common Stock	C	30000	—	Acquired	41962	Direct
2022-03-01	Class A Common Stock	S	6950	$125.917	Disposed	35012	Direct
2022-03-01	Class A Common Stock	S	5290	$126.81	Disposed	29722	Direct
2022-03-01	Class A Common Stock	S	6817	$127.754	Disposed	22905	Direct
2022-03-01	Class A Common Stock	S	4573	$128.966	Disposed	18332	Direct
2022-03-01	Class A Common Stock	S	2070	$129.768	Disposed	16262	Direct
2022-03-01	Class A Common Stock	S	3050	$130.858	Disposed	13212	Direct
2022-03-01	Class A Common Stock	S	1250	$131.712	Disposed	11962	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-01	Stock Option (right to buy)	$2.73	M	30000	Disposed	2022-03-07	Class B Common Stock (30000)	Direct
2022-03-01	Class B Common Stock	$	M	30000	Acquired		Class A Common Stock (30000)	Direct
2022-03-01	Class B Common Stock	$	C	30000	Disposed		Class A Common Stock (30000)	Direct

Footnotes

F1: Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.

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

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.34 to $126.33, 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 range set forth in footnotes (3) through (9) 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 $126.34 to $127.32, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.34 to $128.31, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.375 to $129.37, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.38 to $130.37, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.41 to $131.37, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.42 to $131.95, inclusive.

F10: Options were fully vested and exercisable.

F11: 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.