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RingCentral, Inc. Director's Dealing 2016

Sep 8, 2016

31440_dirs_2016-09-08_217d4c15-9e98-4bc1-92b3-fbba38bb0bb8.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: 2016-09-07

Reporting Person: Makagon Kira (EVP, Innovation)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-09-07 Class A Common Stock C 20000 $0.00 Acquired 133540 Direct
2016-09-07 Class A Common Stock S 20000 $22.02 Disposed 113540 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-09-07 Stock Option (right to buy) $6.78 M 20000 Disposed 2022-08-02 Class B Common Stock (20000) Direct
2016-09-07 Class B Common Stock $ M 20000 Acquired Class A Common Stock (20000) Direct
2016-09-07 Class B Common Stock $ C 20000 Disposed Class A Common Stock (20000) Direct

Footnotes

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

F2: The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/01/2013, and 1/48th of the shares vest each month thereafter over the following 36 months.

F3: 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.