SEC Form 4 · accession 0001209191-15-019290
RingCentral, Inc. · RNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 8:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001384905
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Feb 24, 2015 | S | 11,066 | $15.54 | D | 2,309,082 | I | See Footnote |
| Class A Common StockF3,F2 | Feb 25, 2015 | S | 21,063 | $15.39 | D | 2,288,019 | I | See Footnote |
| Class A Common StockF4 | holding | — | — | — | 16,828 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.50 to $15.61, inclusive. Each reporting person undertakes to provide RingCentral Inc. 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 (1) and (3) to this Form 4.
- F2Consists of securities held of record by a trust for the benefit of Vinod Khosla and his family. As a trustee and beneficiary, Vinod Khosla may be deemed to possess voting and investment control over such shares, and Mr. Khosla may be deemed to have indirect beneficial ownership of such shares. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $15.16 to $15.64, inclusive.
- F4Consists of shares of Class A Common Stock held of record by VK Services, LLC. Mr. Khosla may be deemed to possess voting and investment control over such shares, and Mr. Khosla may be deemed to have indirect beneficial ownership of such shares. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein.