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Filing Details

Accession Number:: 0001209191-20-062376
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-08 20:09:46
Reporting Period:: 2020-12-04

Accepted Time:: 2020-12-08 20:09:46
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	Explanation
Class A Common Stock	Acquisiton	2020-12-04	50,000	$17.13	209,242	No	4	M	Direct
Class A Common Stock	Disposition	2020-12-04	1,345	$327.99	207,897	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	2,669	$328.84	205,228	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	2,100	$330.09	203,128	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	4,292	$330.88	198,836	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	4,478	$332.17	194,358	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	13,788	$332.91	180,570	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	7,453	$333.97	173,117	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	5,273	$335.05	167,844	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	7,593	$336.03	160,251	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-04	1,009	$336.71	159,242	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-12-07	23,249	$17.13	182,491	No	4	M	Direct
Class A Common Stock	Disposition	2020-12-07	300	$334.50	182,191	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	300	$335.55	181,891	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	500	$336.32	181,391	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	400	$337.54	180,991	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	795	$340.13	180,196	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	705	$341.11	179,491	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	900	$342.18	178,591	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	2,380	$343.43	176,211	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	1,020	$344.32	175,191	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	3,203	$345.78	171,988	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	7,643	$346.64	164,345	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	4,902	$347.66	159,443	No	4	S	Direct
Class A Common Stock	Disposition	2020-12-07	201	$348.40	159,242	No	4	S	Direct
Class A Common Stock	Acquisiton	2020-12-07	20,000	$0.00	20,000	No	4	C	Indirect	By ELCA Fund I, L.P.
Class A Common Stock	Disposition	2020-12-07	20,000	$0.00	0	No	5	G	Indirect	By ELCA Fund I, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	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
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	S	Direct
No	4	C	Indirect	By ELCA Fund I, L.P.
No	5	G	Indirect	By ELCA Fund I, L.P.

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	2020-12-04	50,000	$0.00	50,000	$17.13
Class A Common Stock	Stock Option (right to buy)	Disposition	2020-12-07	23,249	$0.00	23,249	$17.13
Class A Common Stock	Class B Common Stock	Disposition	2020-12-07	20,000	$0.00	20,000	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
38,249	2022-05-01	No	4	M	Direct
15,000	2022-05-01	No	4	M	Direct
5,601,107		No	4	C	Indirect

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	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
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 $327.44 to $328.40, 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 (24) 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 $328.44 to $329.38, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.50 to $330.43, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $330.46 to $331.42, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $331.51 to $332.505, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $332.51 to $333.50, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.51 to $334.50, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $334.51 to $335.50, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $335.515 to $336.48, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $336.53 to $337.01, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $334.04 to $334.99, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $335.08 to $335.95, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $336.20 to $336.66, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $337.32 to $338.14, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.50 to $340.49, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.51 to $341.43, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $341.905 to $342.77, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.95 to $343.94, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $343.95 to $344.71, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.165 to $346.15, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.17 to $347.16, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $347.22 to $348.17, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.255 to $348.41, inclusive.
Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
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 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.
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.