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RingCentral, Inc. — Director's Dealing 2017
Aug 29, 2017
31440_dirs_2017-08-29_6e13bcb3-f2ae-4b89-abef-5cae479824ae.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: 2017-08-25
Reporting Person: Marlow John H (SVP, CAO & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-25 | Class A Common Stock | C | 6000 | $0.00 | Acquired | 135047 | Direct |
| 2017-08-25 | Class A Common Stock | S | 7946 | $39.20 | Disposed | 127101 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-25 | Stock options (right to buy) | $0.99 | M | 6000 | Disposed | 2019-02-13 | Class B Common Stock (6000) | Direct |
| 2017-08-25 | Class B Common Stock | $ | M | 6000 | Acquired | Class A Common Stock (6000) | Direct | |
| 2017-08-25 | Class B Common Stock | $ | C | 6000 | Disposed | Class A Common Stock (6000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (12500) | 12500 | Indirect | |
| Class B Common Stock | $ | Class A Common Stock (12500) | 12500 | Indirect |
Footnotes
F1: Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2016.
F3: Options are fully vested and exercisable.
F4: 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.
F5: This restates the number of shares to correct a scrivener's error in the number of shares previously reported by the Reporting Person.
F6: Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.