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RingCentral, Inc. — Director's Dealing 2017
Apr 27, 2017
31440_dirs_2017-04-27_aff375cb-74a7-4527-b1b7-4602e5405b06.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: 2016-06-06
Reporting Person: Makagon Kira (EVP, Innovation)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-06 | Class A Common Stock | C | 20000 | $0.00 | Acquired | 190938 | Direct |
| 2016-06-06 | Class A Common Stock | S | 20000 | $20.00 | Disposed | 170938 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-06 | Stock Option (right to buy) | $6.78 | M | 20000 | Disposed | 2022-08-02 | Class B Common Stock (20000) | Direct |
| 2016-06-06 | Class B Common Stock | $ | M | 20000 | Acquired | Class A Common Stock (20000) | Direct | |
| 2016-06-06 | 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 number of shares reported is the number of shares beneficially owned as of the date of this filing and takes into account transactions reported on Form 4 since the date of the transaction reported herein.
F3: 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.
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.