RingCentral, Inc. — Director's Dealing 2023

Feb 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2023-02-15

Reporting Person: Agarwal Vaibhav (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-15	Class A Common Stock	A	2074	$0.00	Acquired	101139	Direct
2023-02-15	Class A Common Stock	A	2083	$0.00	Acquired	103222	Direct
2023-02-15	Class A Common Stock	F	1543	$48.41	Disposed	101679	Direct
2023-02-16	Class A Common Stock	S	244	$37.805	Disposed	101435	Direct
2023-02-16	Class A Common Stock	S	1100	$38.869	Disposed	100335	Direct
2023-02-16	Class A Common Stock	S	900	$39.663	Disposed	99435	Direct
2023-02-16	Class A Common Stock	S	370	$41.08	Disposed	99065	Direct

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: 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 fourth quarter of 2022.

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.

F4: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2022.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.30 to $38.05, 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 (5) through (7) to this Form 4.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.39 to $39.35, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.39 to $40.26, inclusive.