AI assistant
RingCentral, Inc. — Director's Dealing 2015
Nov 9, 2015
31440_dirs_2015-11-09_9f59df6e-757f-4d94-88cd-a6bf7d565959.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2015-11-05
Reporting Person: THEIS ROBERT I (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-05 | Class A Common Stock | M | 6730 | $13.00 | Acquired | 6730 | Indirect |
| 2015-11-05 | Class A Common Stock | M | 38209 | $12.30 | Acquired | 44939 | Indirect |
| 2015-11-05 | Class A Common Stock | S | 44939 | $21.2837 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-05 | Stock Option (Right to Buy) | $13.00 | M | 6730 | Disposed | 2020-09-26 | Class A Common Stock (6730) | Indirect |
| 2015-11-05 | Stock Option (Right to Buy) | $12.30 | M | 38209 | Disposed | 2021-05-15 | Class A Common Stock (38209) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 11554 | Indirect |
Footnotes
F1: Pursuant to the policies of Scale Venture Partners III, LP ("Scale Partners") and Scale Venture Management III, LLC ("Scale Management III") and Scale Management LLC ("Scale Management") the Reporting Person is deemed to hold the reported security for the benefit of Scale Management. The stock options were exercised and the underlying shares of Class A Common Stock were sold at the direction of Scale Partners and Scale Management III. Scale Management may be deemed the indirect beneficial owner of the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2: The shares were sold at prices ranging between $21.22 and $21.445. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3: The Reporting Person is deemed to hold the reported security for the benefit of Scale Management. Scale Management may be deemed the indirect beneficial owner of the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4: Fully vested.