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RingCentral, Inc. — Director's Dealing 2023
Feb 18, 2023
31440_dirs_2023-02-17_0dfb6399-4234-4448-9b7b-b77d73f80221.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: 2023-02-15
Reporting Person: Katibeh Mohammed (President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-15 | Class A Common Stock | A | 2789 | $0.00 | Acquired | 131006 | Direct |
| 2023-02-15 | Class A Common Stock | A | 2859 | $0.00 | Acquired | 133865 | Direct |
| 2023-02-15 | Class A Common Stock | F | 2056 | $48.41 | Disposed | 131809 | Direct |
| 2023-02-17 | Class A Common Stock | S | 4747 | $36.433 | Disposed | 127062 | 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 August 30, 2022.