RingCentral, Inc. — Director's Dealing 2018

May 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2018-05-21

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
2018-05-21	Class A Common Stock	C	8019	$0.00	Acquired	379848	Direct
2018-05-21	Class A Common Stock	S	26614	$74.69	Disposed	353234	Direct
2018-05-21	Class A Common Stock	S	15236	$75.70	Disposed	337998	Direct
2018-05-21	Class A Common Stock	S	4200	$76.89	Disposed	333798	Direct
2018-05-22	Class A Common Stock	C	8018	$0.00	Acquired	341816	Direct
2018-05-22	Class A Common Stock	S	7518	$73.03	Disposed	334298	Direct
2018-05-22	Class A Common Stock	S	500	$73.89	Disposed	333798	Direct
2018-05-23	Class A Common Stock	C	8019	$0.00	Acquired	341817	Direct
2018-05-23	Class A Common Stock	S	8019	$72.44	Disposed	333798	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-21	Stock Option (right to buy)	$1.10	M	8019	Disposed	2020-01-18	Class B Common Stock (8019)	Direct
2018-05-21	Class B Common Stock	$	M	8019	Acquired		Class A Common Stock (8019)	Direct
2018-05-21	Class B Common Stock	$	C	8019	Disposed		Class A Common Stock (8019)	Direct
2018-05-22	Stock Option (right to buy)	$1.10	M	8018	Disposed	2020-01-18	Class B Common Stock (8018)	Direct
2018-05-22	Class B Common Stock	$	M	8018	Acquired		Class A Common Stock (8018)	Direct
2018-05-22	Class B Common Stock	$	C	8018	Disposed		Class A Common Stock (8018)	Direct
2018-05-23	Stock Option (right to buy)	$1.10	M	8019	Disposed	2020-01-18	Class B Common Stock (8019)	Direct
2018-05-23	Class B Common Stock	$	M	8019	Acquired		Class A Common Stock (8019)	Direct
2018-05-23	Class B Common Stock	$	C	8019	Disposed		Class A Common Stock (8019)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (5893107)	5893107	Indirect
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: 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, 2017.

F3: Reflects weighted average sale price. Actual sale prices ranged from $74.35 to $75.30 on May 21, 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 $75.35 to $76.30 on May 21, 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: Reflects weighted average sale price. Actual sale prices ranged from $76.35 to $77.15 on May 21, 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.

F6: Reflects weighted average sale price. Actual sale prices ranged from $72.70 to $73.65 on May 22, 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.

F7: Reflects weighted average sale price. Actual sale prices ranged from $73.70 to $74.10 on May 22, 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.

F8: Reflects weighted average sale price. Actual sale prices ranged from $72.05 to $72.80 on May 23, 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.

F9: Options are fully vested and exercisable.

F10: 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.

F11: 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.