RingCentral, Inc. — Director's Dealing 2018

Dec 18, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2018-12-12

Reporting Person: Shmunis Vladimir (Director, CEO & Chairman, 10% Owner)
Reporting Person: Shmunis Sandra (10% Owner)
Reporting Person: ELCA Fund I, LP (10% Owner)
Reporting Person: ELCA, LLC (10% Owner)
Reporting Person: ELCA Fund II, LP (10% Owner)
Reporting Person: ELCA Fund III, LP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-12	Class A Common Stock	C	10000	$0.00	Acquired	10000	Indirect
2018-12-12	Class A Common Stock	G	10000	$0.00	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-12	Class B Common Stock	$	C	10000	Disposed		Class A Common Stock (10000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	263751	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (7200)	7200	Indirect
Class B Common Stock	$		Class A Common Stock (7200)	7200	Indirect
Class B Common Stock	$		Class A Common Stock (111)	111	Indirect

Footnotes

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

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., and certain of the shares held by 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.

F3: The Reporting Person transferred 10,000 shares of the Issuer's Class A Common Stock as a gift to Morgan Stanley Global Impact Funding Trust, Inc., a 501(c)(3) charitable foundation.

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 events, 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: Represents the shares held by ELCA Fund II, L.P. and ELCA III, L.P. in which the Reporting Persons have a pecuniary interest.