SEC Form 4 · accession 0001209191-15-021814
RingCentral, Inc. · RNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Praful Shah
Officer — SVP, Strategy
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 7:06 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 | Feb 27, 2015 | A | 16,000 | $0.00 | A | 477,845 | D | |
| Class A Common StockF3 | Mar 2, 2015 | S | 2,000 | $15.79 | D | 475,845 | D | |
| Class A Common StockF3 | Mar 3, 2015 | S | 1,250 | $15.96 | D | 474,595 | D | |
| Class A Common StockF4,F5 | Mar 2, 2015 | S | 125 | $15.79 | D | 38,614 | I | By Trust |
| Class A Common StockF3,F5 | Mar 3, 2015 | S | 125 | $15.96 | D | 38,489 | I | By Trust |
| Class A Common StockF4,F5 | Mar 2, 2015 | S | 125 | $15.79 | D | 38,614 | I | By Trust |
| Class A Common StockF3,F5 | Mar 3, 2015 | S | 125 | $15.96 | D | 38,489 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F6 | $15.77 | Feb 27, 2015 | A | 120,000 | A | — | Feb 27, 2022 | Class A Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1Represents Restricted Stock Unites (RSU) that will vest and be settled in shares of Class A Common Stock in 16 equal quarterly installments commencing on May 20, 2015.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 5, 2014.
- F3Reflects weighted average sale price. Actual sale prices ranged from $15.61 to $15.95 on March 2, 2015. 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.
- F4Reflects weighted average sale price. Actual sale prices ranged from $15.86 to $16.00 on March 3, 2015. 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.
- F5Shares 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.
- F6The option shall vest and become exercisable in 48 equal monthly installments commencing on March 27, 2015.