Filing Details
- Accession Number:
- 0001209191-17-050018
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-23 20:50:23
- Reporting Period:
- 2017-08-21
- Accepted Time:
- 2017-08-23 19:50:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1705419 | Mitesh Dhruv | C/O Ringcentral, Inc 20 Davis Drive Belmont CA 94002 | Chief Financial Officer | 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 | Disposition | 2017-08-21 | 3,941 | $38.15 | 138,113 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2017-08-23 | 3,000 | $0.00 | 141,113 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2017-08-23 | 3,000 | $38.16 | 138,113 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (right to buy) | Disposition | 2017-08-23 | 3,000 | $0.00 | 3,000 | $4.48 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2017-08-23 | 3,000 | $4.48 | 3,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2017-08-23 | 3,000 | $0.00 | 3,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,667 | 2022-05-09 | No | 4 | M | Direct | |
| 3,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- 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 previously reported restricted stock units.
- Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2017.
- Reflects weighted average sale price. Actual sale prices ranged from $38.00 to $38.35 on August 23, 2017. The Reporting Person 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.
- Options are fully vested and exercisable.
- 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 occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.
Billionaire Hedge Funds
