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RingCentral, Inc. Director's Dealing 2014

Mar 13, 2014

31440_dirs_2014-03-13_04634629-a3f8-44db-b101-7acb23492c47.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: 2014-03-11

Reporting Person: Shah Praful (SVP, Strategy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-11 Class A Common Stock C 80000 $0.00 Acquired 90000 Direct
2014-03-11 Class A Common Stock S 80000 $20.4788 Disposed 10000 Direct
2014-03-11 Class A Common Stock C 10000 $0.00 Acquired 10000 Indirect
2014-03-11 Class A Common Stock S 10000 $20.4788 Disposed 0 Indirect
2014-03-11 Class A Common Stock C 10000 $0.00 Acquired 10000 Indirect
2014-03-11 Class A Common Stock S 10000 $20.4788 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-11 Class B Common Stock $ C 80000 Disposed Class A Common Stock (80000) Direct
2014-03-11 Class B Common Stock $ C 10000 Disposed Class A Common Stock (10000) Indirect
2014-03-11 Class B Common Stock $ C 10000 Disposed Class A Common Stock (10000) Indirect

Footnotes

F1: Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock. The Reporting Person sold shares to the Underwriters in connection with the sale of shares of Class A Common Stock by the Reporting Person in the Issuer's public offering.

F2: Shares 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.

F3: 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 such share (subject to certain exceptions), or (ii) the death of a natural person holding such share.

F4: 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)