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RingCentral, Inc. Director's Dealing 2013

Sep 30, 2013

31440_dirs_2013-09-30_115271cc-72b3-4007-85d0-a087455c8328.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: Weiden David (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-26 Common Stock C 92481 Acquired 92481 Direct
2013-09-26 Common Stock C 5474 Acquired 97955 Direct
2013-09-26 Common Stock J 97955 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-26 Series A Preferred Stock $ C 92481 Disposed Common Stock (92481) Direct
2013-09-26 Series B Preferred Stock $ C 5474 Disposed Common Stock (5474) Direct
2013-09-26 Class B Common Stock $ J 97955 Acquired Class A Common Stock (97955) Direct
2013-09-26 Stock Option (Right to Buy) $13 A 6730 Acquired 2020-09-26 Class A Common Stock (6730) Direct

Footnotes

F1: The Series A Preferred Stock automatically converted into Common Stock on a 1:1 basis upon the effectiveness of the Issuer's registration statement registering Class A Common Stock, and had no expiration date.

F2: The Series B Preferred Stock automatically converted into Common Stock on a 1:1 basis upon the effectiveness of the Issuer's registration statement registering Class A Common Stock, and had no expiration date.

F3: Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class B Common Stock on September 26, 2013.

F4: Each 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 shares (subject to certain exceptions), or (ii) the death of a natural person holding such share. In addition, each share of Class B Common Stock outstanding will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 67% of the outstanding shares of Class B Common Stock, (ii) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the seven-year anniversary of the closing date of the Issuer's initial public offering (subject to certain exceptions).

F5: One-sixth 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.