Home > Insider Trading > Filing (0001209191-18-032767)

Filing Details

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
1632489	David Sipes	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002	Chief Operating 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
Class A Common Stock	Disposition	2018-05-21	9,881	$74.40	300,895	No	4	F	Direct
Class A Common Stock	Acquisiton	2018-05-23	7,800	$0.00	308,695	No	4	C	Direct
Class A Common Stock	Disposition	2018-05-23	15,300	$72.44	293,395	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2018-05-23	7,800	$0.00	7,800	$15.77
Class A Common Stock	Class B Common Stock	Acquisiton	2018-05-23	7,800	$15.77	7,800	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2018-05-23	7,800	$0.00	7,800	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
87,011	2022-02-27	No	4	M	Direct
7,800		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 13, 2017.
Reflects weighted average sale price. Actual sale prices ranged from $71.85 to $72.75 on May 23, 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.
The option vests and becomes exercisable in 48 equal monthly installments commencing on March 27, 2015.
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.