RingCentral, Inc. — Director's Dealing 2015

Feb 12, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2015-02-10

Reporting Person: Sipes David (EVP of International Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-10	Class A Common Stock	C	20865	$0.00	Acquired	149662	Direct
2015-02-10	Class A Common Stock	S	20865	$16.09	Disposed	128797	Direct
2015-02-11	Class A Common Stock	S	30000	$16.02	Disposed	98797	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-10	Stock Option (right to buy)	$0.99	M	10865	Disposed	2018-07-22	Class B Common Stock (10865)	Direct
2015-02-10	Class B Common Stock	$	M	10865	Acquired		Class A Common Stock (10865)	Direct
2015-02-10	Stock Option (Right to Buy)	$0.99	M	10000	Disposed	2019-04-24	Class A Common Stock (10000)	Direct
2015-02-10	Class B Common Stock	$	M	10000	Acquired		Class A Common Stock (10000)	Direct
2015-02-10	Class B Common Stock	$	C	20865	Disposed		Class A Common Stock (20865)	Direct

Footnotes

F1: 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 the reporting person 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.

F2: Reflects weighted average sale price. Actual sale prices ranged from $15.98 to $16.21 on February 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 $16.00 to $16.25 on February 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: The option to purchase 325,000 shares was granted on 7/22/2008 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. 25% of the shares subject to the option vested on 6/25/2009, and 1/48th of the shares vested each month thereafter over the following 36 months.

F5: The option to purchase 112,578 shares was granted on 4/29/2009 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. 25% of the shares subject to the option vested on 4/24/2009, and 1/48th of the shares vested each month thereafter over the following 36 months.