AI assistant
RingCentral, Inc. — Director's Dealing 2016
Aug 19, 2016
31440_dirs_2016-08-19_becea95c-7977-4f7b-939b-f1cc1ab10f04.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: 2016-08-18
Reporting Person: Shmunis Vladimir (Director, CEO & Chairman, 10% Owner)
Reporting Person: Shmunis Sandra (10% Owner)
Reporting Person: ELCA Fund I, LP (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-18 | Class A Common Stock | S | 150000 | $22.93 | Disposed | 0 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 238994 | Direct |
Footnotes
F1: The Reporting Person contributed such shares of Class A Common Stock to an exchange fund on August 18, 2016, as consideration for units of that exchange fund. The shares of Class A common stock were valued at $22.93 per share, the closing price of a share of the Issuer's Class A Common Stock on August 17, 2016, for the purpose of determining the number of exchange fund units issued to the Reporting Person.
F2: Vladimir Shmunis and Sandra Shmunis are the managing members of ELCA, LLC. ELCA, LLC is the general partner of ELCA Fund I, L.P., ELCA Fund II, L.P., and ELCA Fund III, L.P. By virtue of this relationship, Mr. Shmunis and Mrs. Shmunis may be deemed to share voting and dispositive power with respect to the shares held by ELCA Fund I, L.P., ELCA Fund II, L.P., and ELCA Fund III, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.