SEC Form 4 · accession 0001209191-16-102127
RingCentral, Inc. · RNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Vladimir Shmunis
Officer — CEO & Chairman · Director · 10% Owner
Sandra Shmunis
10% Owner
ELCA Fund I, LP
10% Owner
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 8:03 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 StockF2,F3,F4,F5 | Feb 22, 2016 | S | 3,956 | $18.65 | D | 50,000 | I | by ELCA Fund I, L.P. |
| Class A Common StockF4 | holding | — | — | — | 255,466 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1ELCA Fund I, LP sold shares to satisfy tax withholding obligations of the Reporting Person arising out of the vesting of shares with respect to previously reported restricted stock units.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2015.
- F3Reflects weighted average sale price. Actual sale prices ranged from $18.55 to $18.73 on February 22, 2016. 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 3,956 shares of Class A Common Stock transferred to ELCA Fund I, LP by the Reporting Person.
- F5Vladimir 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., 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.