RingCentral, Inc. — Director's Dealing 2013

Sep 26, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2013-09-26

Reporting Person: Shmunis Vladimir (Director, CEO and Chairman, 10% Owner)
Reporting Person: Shmunis Sandra (10% Owner)
Reporting Person: ELCA, LLC (10% Owner)
Reporting Person: ELCA Fund I, LP (10% Owner)
Reporting Person: ELCA Fund II, LP (Affiliated with ELCA, LLC)
Reporting Person: ELCA Fund III, LP (Affiliated with ELCA, LLC)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8346231	Indirect
Common Stock	410000	Indirect
Common Stock	410000	Indirect
Common Stock	111	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$1.10	2020-01-19	Common Stock (1000000)		Direct
Stock Option (Right to Buy)	$6.78	2022-09-26	Common Stock (890000)		Direct

Footnotes

F1: Each share of Common Stock shall be reclassified as and converted into one share of Class B Common Stock pursuant to the Amended and Restated Certificate of Incorporation of the Issuer to be filed prior to the completion of the Issuer's initial public offering of Class A Common Stock.

F2: Vladimir 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 these relationships, 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.

F3: 25% of the shares subject to the option vested on each of 1/1/2011, 1/1/2012 and 1/1/2013, and the remaining 25% of the shares vest on 1/1/2014.

F4: The option was immediately exerciseable on the date of grant. 1/36th of the shares subject to the option vested on 1/31/2013, and 1/36th of the shares vest each month thereafter over the following 35 months.