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RingCentral, Inc. Director's Dealing 2017

May 2, 2017

31440_dirs_2017-05-02_b3fed0b5-bae1-4cec-8ca8-a7d79c1932fe.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: 2017-04-28

Reporting Person: HOSEIN CLYDE (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-04-28 Class A Common Stock C 100000 $0.00 Acquired 273691 Direct
2017-04-28 Class A Common Stock S 100000 $32.01 Disposed 173691 Direct
2017-05-01 Class A Common Stock C 100000 $0.00 Acquired 273691 Direct
2017-05-01 Class A Common Stock S 100000 $32.15 Disposed 173691 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-04-28 Stock Option (right to buy) $12.86 M 100000 Disposed 2023-08-22 Class B Common Stock (100000) Direct
2017-04-28 Class B Common Stock $ M 100000 Acquired Class A Common Stock (100000) Direct
2017-04-28 Class B Common Stock $ C 100000 Disposed Class A Common Stock (100000) Direct
2017-05-01 Stock Option (right to buy) $12.86 M 100000 Disposed 2023-08-22 Class B Common Stock (100000) Direct
2017-05-01 Class B Common Stock $ M 100000 Acquired Class A Common Stock (100000) Direct
2017-05-01 Class B Common Stock $ C 100000 Disposed Class A Common Stock (100000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 1400 Indirect

Footnotes

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

F2: Reflects weighted average sale price. Actual sale prices ranged from $31.98 to $32.03 on April 28, 2017. The 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 $32.05 to $32.25 on May 1, 2017. The 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 was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/15/2014, and 1/48th of the shares vest each month thereafter over the following 36 months.

F5: 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.