RingCentral, Inc. — Director's Dealing 2018

Jun 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2018-06-13

Reporting Person: Sipes David (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-13	Class A Common Stock	C	7800	$0.00	Acquired	301195	Direct
2018-06-13	Class A Common Stock	S	9300	$77.71	Disposed	291895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-13	Stock Option (right to buy)	$15.77	M	7800	Disposed	2022-02-27	Class B Common Stock (7800)	Direct
2018-06-13	Class B Common Stock	$	M	7800	Acquired		Class A Common Stock (7800)	Direct
2018-06-13	Class B Common Stock	$	C	7800	Disposed		Class A Common Stock (7800)	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, 2017.

F3: Reflects weighted average sale price. Actual sale prices ranged from $77.10 to $78.05 on June 13, 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: The option vests and becomes exercisable in 48 equal monthly installments commencing on March 27, 2015.

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.