RingCentral, Inc. — Director's Dealing 2018

Aug 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2018-08-27

Reporting Person: Sipes David (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-27	Class A Common Stock	M	1825	$15.77	Acquired	284861	Direct
2018-08-27	Class A Common Stock	C	1533	$0.00	Acquired	286394	Direct
2018-08-27	Class A Common Stock	S	6957	$93.32	Disposed	279437	Direct
2018-08-27	Class A Common Stock	S	169	$93.97	Disposed	279268	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-27	Stock Option (right to buy)	$15.77	M	1825	Disposed	2022-02-27	Class A Common Stock (1825)	Direct
2018-08-27	Stock Option (right to buy)	$0.99	M	1533	Disposed	2019-11-12	Class B Common Stock (1533)	Direct
2018-08-27	Class B Common Stock	$	M	1533	Acquired		Class A Common Stock (1533)	Direct
2018-08-27	Class B Common Stock	$	C	1533	Disposed		Class A Common Stock (1533)	Direct

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 June 13, 2018.

F3: Reflects weighted average sale price. Actual sale prices ranged from $92.90 to $93.85 on August 27, 2018. 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: Reflects weighted average sale price. Actual sale prices ranged from $93.95 to $94.05 on August 27, 2018. 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.

F5: The option vests and becomes exercisable in 48 equal monthly installments commencing on March 27, 2015.

F6: On prior Forms 4 filed on January 11, 2018, February 26, 2018, March 8, 2018, April 18, 2018, May 23, 2018, June 14, 2018 and July 25, 2018, respectively, the shares underlying this option were reported incorrectly as Class B common stock which converted to Class A common stock upon option exercise. All shares underlying this option are Class A common stock.

F7: Options are fully vested and exercisable.

F8: 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.