RingCentral, Inc. — Director's Dealing 2015

Dec 14, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2015-12-10

Reporting Person: HOSEIN CLYDE (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-10	Class A Common Stock	C	50000	$0.00	Acquired	90201	Direct
2015-12-10	Class A Common Stock	S	50000	$24.68	Disposed	40201	Direct
2015-12-11	Class A Common Stock	C	26897	$0.00	Acquired	67098	Direct
2015-12-11	Class A Common Stock	S	26897	$24.63	Disposed	40201	Direct
2015-12-14	Class A Common Stock	C	5785	$0.00	Acquired	45986	Direct
2015-12-14	Class A Common Stock	S	5785	$24.43	Disposed	40201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-10	Stock Option (right to buy)	$12.86	M	50000	Disposed	2023-08-22	Class B Common Stock (50000)	Direct
2015-12-10	Class B Common Stock	$	M	50000	Acquired		Class A Common Stock (50000)	Direct
2015-12-10	Class B Common Stock	$	C	50000	Disposed		Class A Common Stock (50000)	Direct
2015-12-11	Stock Option (right to buy)	$12.86	M	26897	Disposed	2023-08-22	Class B Common Stock (26897)	Direct
2015-12-11	Class B Common Stock	$	M	26897	Acquired		Class A Common Stock (26897)	Direct
2015-12-11	Class B Common Stock	$	C	26897	Disposed		Class A Common Stock (26897)	Direct
2015-12-14	Stock Option (right to buy)	$12.86	M	5785	Disposed	2023-08-22	Class B Common Stock (5785)	Direct
2015-12-14	Class B Common Stock	$	M	5785	Acquired		Class A Common Stock (5785)	Direct
2015-12-14	Class B Common Stock	$	C	5785	Disposed		Class A Common Stock (5785)	Direct

Footnotes

F1: Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.

F2: Reflects weighted average sale price. Actual sale prices ranged from $24.60 to $24.73 on December 10, 2015. Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

F3: Reflects weighted average sale price. Actual sale prices ranged from $24.60 to $24.74 on December 11, 2015. Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

F4: Reflects weighted average sale price. Actual sale prices ranged from $24.40 to $24.45 on December 14, 2015. Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.

F5: The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/15/2014, and 1/48th of the shares vest each month thereafter over the following 36 months.

F6: Reflects an reduction of 4,212 options that were incorrectly reported as having been exercised pursuant to a different stock option grant effected on the same date with the same exercise price and sold on November 17, 2019, as reported on the Reporting Person's Form 4 dated November 19, 2015.

F7: 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 share (subject to certain exceptions), or (ii) the occurrence of certain other specific instances, including the vote of the holders of the Class B Common Stock, as set forth in the issuer's Amended and Restated Certificate of Incorporation.