secwatch.observer — SEC 8-K summary
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Issuer:     RingCentral, Inc. (RNG)
CIK:        0001384905
Form:       8-K/A
Filed at:   2022-03-18T23:59:59+00:00
Accession:  0001384905-22-000017
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

RingCentral discloses compensation for interim CFO Vaibhav Agarwal
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- Annual base salary of $500,000 and target bonus of 75% of salary, paid quarterly in fully-vested RSUs.
- RSU grant of 69,225 shares vesting over 4 years with 1/8th on May 20, 2022, then quarterly.
- Second RSU grant of 1,753 shares vesting 25% quarterly starting May 20, 2022.
- Compensation effective April 1, 2022; 50% acceleration triggers under Equity Acceleration Policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384905/000138490522000017/0001384905-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384905/000138490522000017/rng-20211207.htm
  HTML page:      https://secwatch.observer/filing/0001384905-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer