SEC Form 4 · accession 0001209191-15-026525

RingCentral, Inc. · RNG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Innovation

Period of report

Mar 13, 2015

Accepted (ET)

Mar 16, 2015 · 5:08 pm EDT

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 Stock	Mar 13, 2015	C	11,815	$0.00	A	49,850	D
Class A Common Stock	Mar 13, 2015	S	11,815	$16.00	D	38,035	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F2	$6.78	Mar 13, 2015	M	11,815	D	—	Aug 2, 2022	Class B Common Stock	11,815	533,397	D
Class B Common Stock^F3	—	Mar 13, 2015	M	11,815	A	—	—	Class A Common Stock	11,815	31,815	D
Class B Common Stock^F3	—	Mar 13, 2015	C	11,815	D	—	—	Class A Common Stock	11,815	20,000	D

F1Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/01/2013, and 1/48th of the shares vest each month thereafter over the following 36 months.
F3Each 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.