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RingCentral, Inc. — Director's Dealing 2014
Apr 17, 2014
31440_dirs_2014-04-17_2dda7d43-8e24-43db-96f2-a4b0d0a43fed.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: 2014-04-15
Reporting Person: Shah Praful (SVP, Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-15 | Class A Common Stock | A | 20000 | $0.0 | Acquired | 30000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-15 | Employee Stock Option (Right to Buy) | $16.05 | A | 40000 | Acquired | 2021-04-15 | Class A Common Stock (40000) | Direct |
Footnotes
F1: Represents Restricted Stock Units (RSU) that will vest and be settled in shares of Class A Common Stock in 16 equal quarterly installments commencing on August 20, 2014. 50% of these RSUs are subject to accelerated vesting in the event of termination of employment under certain circumstances following a change of control of the Issuer.
F2: The option shall vest and become exercisable in 48 equal monthly installments commencing on May 15, 2014. 50% of this option is subject to accelerated vesting in the event of termination of employment under certain circumstances following a change of control of the Issuer.