Filing Details

Accession Number:
0001181431-14-036785
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-18 21:58:36
Reporting Period:
2014-11-14
Filing Date:
2014-11-18
Accepted Time:
2014-11-18 21:58:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1384905 Ringcentral Inc RNG Services-Computer Processing & Data Preparation (7374) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1586646 Praful Shah C/O Ringcentral, Inc.
1400 Fashion Island Blvd, 7Th Floor
San Mateo CA 94404
Svp, Strategy No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2014-11-14 444,522 $0.00 477,595 No 4 C Direct
Class A Common Stock Disposition 2014-11-17 416 $11.85 477,179 No 4 S Direct
Class A Common Stock Disposition 2014-11-18 416 $11.53 476,763 No 4 S Direct
Class A Common Stock Acquisiton 2014-11-14 40,239 $0.00 40,239 No 4 C Indirect By Trust
Class A Common Stock Disposition 2014-11-17 42 $11.85 40,197 No 4 S Indirect By Trust
Class A Common Stock Disposition 2014-11-18 42 $11.53 40,155 No 4 S Indirect By Trust
Class A Common Stock Acquisiton 2014-11-14 40,239 $0.00 40,239 No 4 C Indirect By Trust
Class A Common Stock Disposition 2014-11-17 42 $11.85 40,197 No 4 S Indirect By Trust
Class A Common Stock Disposition 2014-11-18 42 $11.53 40,155 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 C Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
No 4 C Indirect By Trust
No 4 S Indirect By Trust
No 4 S Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2014-11-14 444,522 $0.00 444,522 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-11-14 40,239 $0.00 40,239 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-11-14 40,239 $0.00 40,239 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Indirect
0 No 4 C Indirect
Footnotes
  1. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
  2. Includes shares acquired under the Issuer's Employee Share Purchase Plan of 3,000 shares on May 12, 2014 and 797 shares on November 10, 2014.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2014.
  4. Reflects weighted average sale price. Actual sale prices ranged from $11.78 to $12.08 on November 17, 2014. Filer undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
  5. Reflects weighted average sale price. Actual sale prices ranged from $11.50 to $11.71 on November 18, 2014. Filer undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
  6. Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.
  7. 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 death of a natural person holding such share.
  8. In addition, each share of Class B Common Stock outstanding will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 67% of the outstanding shares of Class B Common Stock, (ii) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the seven-year anniversary of the closing date of the Issuer's initial public offering (subject to certain exceptions).