Filing Details

Accession Number:
0001209191-18-023859
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-04 17:54:46
Reporting Period:
2018-04-04
Accepted Time:
2018-04-04 17:54:46
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.
20 Davis Drive
Belmont CA 94002
Chief Strategy 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 Acquisiton 2018-04-04 10,000 $0.00 305,629 No 4 C Direct
Class A Common Stock Disposition 2018-04-04 9,777 $62.08 295,852 No 4 S Direct
Class A Common Stock Disposition 2018-04-04 223 $62.79 295,629 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S 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 2018-04-04 10,000 $0.00 10,000 $2.73
Class A Common Stock Class B Common Stock Acquisiton 2018-04-04 10,000 $2.73 10,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2018-04-04 10,000 $0.00 10,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2022-03-02 No 4 M Direct
10,000 No 4 M Direct
0 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 25,239 Indirect By Trust
Class A Common Stock 25,239 Indirect By Trust
Footnotes
  1. Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
  2. 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.
  3. Reflects weighted average sale price. Actual sale prices ranged from $61.70 to $62.65 on April 4, 2018. 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.
  4. Reflects weighted average sale price. Actual sale prices ranged from $62.70 to $62.85 on April 4, 2018. 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.
  5. 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.
  6. Options are fully vested and exercisable.
  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 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.