SEC Form 4 · accession 0001209191-18-059966

RingCentral, Inc. · RNG

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

Reporting owner

John H Marlow

Officer — SVP, CAO & General Counsel

Period of report

Nov 26, 2018

Accepted (ET)

Nov 26, 2018 · 7:39 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
Class A Common Stock	Nov 26, 2018	C	17,789	$0.00	A	152,546	D
Class A Common Stock^F3	Nov 26, 2018	S	2,500	$72.80	D	150,046	D
Class A Common Stock^F4	Nov 26, 2018	S	6,094	$74.14	D	143,952	D
Class A Common Stock^F5	Nov 26, 2018	S	8,795	$74.88	D	135,157	D
Class A Common Stock^F6	Nov 26, 2018	S	400	$75.55	D	134,757	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to buy)^F7	$0.99	Nov 26, 2018	M	17,789	D	—	Feb 13, 2019	Class B Common Stock	17,789	0	D
Class B Common Stock^F8	—	Nov 26, 2018	M	17,789	A	—	—	Class A Common Stock	17,789	341,623	D
Class B Common Stock^F8	—	Nov 26, 2018	C	17,789	D	—	—	Class A Common Stock	17,789	323,834	D
Class B Common Stock^F9,F8	—	holding	—	—	—	—	—	Class A Common Stock	12,500	12,500	I
Class B Common Stock^F9,F8	—	holding	—	—	—	—	—	Class A Common Stock	12,500	12,500	I

Explanation of responses

F1Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
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, 2017.
F3Reflects weighted average sale price. Actual sale prices ranged from $72.47 to $73.26 on November 26, 2018. 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 $73.47 to $74.46 on November 26, 2018. 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.
F5Reflects weighted average sale price. Actual sale prices ranged from $74.49 to $75.47 on November 26, 2018. 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.
F6Reflects weighted average sale price. Actual sale prices ranged from $75.49 to $75.61 on November 26, 2018. 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.
F7Options were fully vested and exercisable.
F8Each 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.
F9Shares 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.