SEC Form 4 · accession 0001209191-19-014813

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

Feb 27, 2019

Accepted (ET)

Feb 28, 2019 · 8:53 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^F2	Feb 27, 2019	S	10,887	$105.15	D	121,245	D
Class A Common Stock^F3	Feb 27, 2019	S	8,387	$105.64	D	112,858	D
Class A Common Stock	Feb 28, 2019	C	2,101	$0.00	A	114,959	D
Class A Common Stock^F5	Feb 28, 2019	S	7,218	$105.16	D	107,741	D
Class A Common Stock^F6	Feb 28, 2019	S	6,282	$105.71	D	101,459	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	$2.73	Feb 28, 2019	M	2,101	D	—	Mar 2, 2022	Class B Common Stock	2,101	112,899	D
Class B Common Stock^F8	—	Feb 28, 2019	M	2,101	A	—	—	Class A Common Stock	2,101	325,935	D
Class B Common Stock^F8	—	Feb 28, 2019	C	2,101	D	—	—	Class A Common Stock	2,101	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

F1The 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.55 to $105.53, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (5)and (6) to this Form 4.
F3The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.55 to $105.88, inclusive.
F4Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F5The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $104.45 to $105.44, inclusive.
F6The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $105.45 to $106.11, inclusive.
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.