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Filing Details

Accession Number:: 0001209191-20-048064
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-24 16:07:32
Reporting Period:: 2020-08-20

Accepted Time:: 2020-08-24 16:07:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1384905	Ringcentral Inc.	RNG	Services-Computer Processing & Data Preparation (7374)	943322844

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1586647	Vladimir Shmunis	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002	Ceo & Chairman	Yes	Yes	No	No
1587526	Sandra Shmunis	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002		No	No	No	Yes
1587543	Elca, Llc	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002		No	No	No	Yes
1587616	Elca Fund I, Lp	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002		No	No	No	Yes
1587618	Elca Fund Ii, Lp	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002		No	No	No	Yes
1587622	Elca Fund Iii, Lp	C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002		No	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2020-08-20	10,000	$17.13	228,097	No	4	M	Direct
Class A Common Stock	Disposition	2020-08-20	400	$286.47	227,697	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-20	1,000	$287.24	226,697	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-20	11,376	$288.64	215,321	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-20	12,693	$289.53	202,628	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-20	12,536	$290.44	190,092	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-20	1,812	$291.47	188,280	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-08-21	10,000	$17.13	198,280	No	4	M	Direct
Class A Common Stock	Disposition	2020-08-21	800	$288.54	197,480	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-21	2,899	$289.64	194,581	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-21	2,826	$290.72	191,755	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-21	2,175	$291.45	189,580	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-21	900	$292.54	188,680	No	4	S	Direct
Class A Common Stock	Disposition	2020-08-21	400	$294.72	188,280	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (right to buy)	Disposition	2020-08-20	10,000	$0.00	10,000	$17.13
Class A Common Stock	Stock Option (right to buy)	Disposition	2020-08-21	10,000	$0.00	10,000	$17.13

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
215,000		2022-05-01	No	4	M	Direct
205,000		2022-05-01	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Class A Common Stock	Class B Common Stock	$0.00	5,631,107	5,631,107	Indirect
Class A Common Stock	Class B Common Stock	$0.00	6,690	6,690	Indirect
Class A Common Stock	Class B Common Stock	$0.00	6,690	6,690	Indirect
Class A Common Stock	Class B Common Stock	$0.00	621	621	Indirect
Class A Common Stock	Class B Common Stock	$0.00	510	510	Indirect

Amount	Remaning Holdings	Nature of Ownership
5,631,107	5,631,107	Indirect
6,690	6,690	Indirect
6,690	6,690	Indirect
621	621	Indirect
510	510	Indirect

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 11, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.90 to $286.68, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (13) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.01 to $287.86, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.04 to $289.03, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.04 to $290.03, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.04 to $291.01, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.07 to $291.87, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.01 to $288.845, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.04 to $290.01, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.12 to $291.10, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.12 to $292.07, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.315 to $293.01, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $294.34 to $294.82, inclusive.
Shares subject to the option were fully vested and immediately 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.
Vladimir Shmunis and Sandra Shmunis are the managing members of ELCA, LLC. ELCA, LLC is the general partner of ELCA Fund I, L.P., ELCA Fund II, L.P., and ELCA Fund III, L.P. By virtue of this relationship, Mr. Shmunis and Mrs. Shmunis may be deemed to share voting and dispositive power with respect to the shares held by ELCA Fund I, L.P., and certain of the shares held by ELCA Fund II, L.P. and ELCA Fund III, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Shares are held by the Shmunis Revocable Trust dated June 9, 1998, as amended, for which Vladimir Shmunis and Sandra Shmunis are trustees and beneficiaries.