AI assistant
RingCentral, Inc. — Director's Dealing 2025
Feb 25, 2025
31440_dirs_2025-02-24_c2bdc0a4-6884-4bbd-b24c-7c7747690e3c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2025-02-20
Reporting Person: Shmunis Vladimir (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-20 | Class A Common Stock | A | 3867 | — | Acquired | 451322 | Direct |
| 2025-02-20 | Class A Common Stock | A | 183090 | — | Acquired | 634412 | Direct |
| 2025-02-21 | Class A Common Stock | S | 61745 | $28.788 | Disposed | 572667 | Direct |
| 2025-02-21 | Class A Common Stock | S | 4367 | $29.415 | Disposed | 568300 | Direct |
| 2025-02-24 | Class A Common Stock | S | 62365 | $28.225 | Disposed | 505935 | Direct |
| 2025-02-24 | Class A Common Stock | S | 61195 | $28.902 | Disposed | 444740 | Direct |
Footnotes
F1: Represents restricted stock units ("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 2024.
F2: Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 20, 2025, with respect to performance awards granted to the Reporting Person on May 19, 2024. 1/2 of the PSUs subject to this award vested on February 20, 2025; and 1/8th of the PSUs shall vest in equal quarterly increments thereafter.
F3: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2023.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.26 to $29.23, 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 (4) through (7) to this Form 4.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.26 to $29.685, inclusive.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.67 to $28.66, inclusive.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.67 to $29.06, inclusive.