SEC Form 4 · accession 0001209191-16-137986
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
Aug 18, 2016
Accepted (ET)
Aug 19, 2016 · 5:06 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 StockF1,F2 | Aug 18, 2016 | S | 150,000 | $22.93 | D | 0 | I | By ELCA Fund I, L.P. |
| Class A Common Stock | holding | — | — | — | 238,994 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person contributed such shares of Class A Common Stock to an exchange fund on August 18, 2016, as consideration for units of that exchange fund. The shares of Class A common stock were valued at $22.93 per share, the closing price of a share of the Issuer's Class A Common Stock on August 17, 2016, for the purpose of determining the number of exchange fund units issued to the Reporting Person.
- F2Vladimir 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.