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RingCentral, Inc. — Director's Dealing 2013
Sep 30, 2013
31440_dirs_2013-09-30_d4173b15-67ce-4046-b2f6-6e06e9a79288.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2013-09-26
Reporting Person: Williams R Neil (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-26 | Director Stock Option (right to buy) | $2.73 | J | 30000 | Disposed | 2022-03-07 | Common Stock (30000) | Direct |
| 2013-09-26 | Director Stock Option (right to buy) | $2.73 | J | 30000 | Acquired | 2022-03-07 | Class B Common Stock (30000) | Direct |
| 2013-09-26 | Director Stock Option (right to buy) | $13.00 | A | 6730 | Acquired | 2020-09-26 | Class A Common Stock (6730) | Direct |
Footnotes
F1: Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the reported option automatically converted into one share of Class B Common Stock on September 26, 2013.
F2: The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 3/7/2013, and 1/48th of the shares vest each month thereafter over the following 36 months.
F3: One-Sixth (1/6th) of the shares subject to the option vest on 10/26/2013 and 1/6th will vest on the 26th day of each month thereafter for the following 5 months.