RingCentral, Inc. — Director's Dealing 2019

Nov 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2019-11-14

Reporting Person: Shah Praful (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-14	Class A Common Stock	A	665	$0.00	Acquired	249540	Direct
2019-11-14	Class A Common Stock	M	5625	$15.77	Acquired	255165	Direct
2019-11-14	Class A Common Stock	S	3100	$166.97	Disposed	252065	Direct
2019-11-14	Class A Common Stock	S	2271	$167.71	Disposed	249794	Direct
2019-11-14	Class A Common Stock	S	918	$168.76	Disposed	248876	Direct
2019-11-15	Class A Common Stock	M	5625	$15.77	Acquired	254501	Direct
2019-11-15	Class A Common Stock	S	757	$168.67	Disposed	253744	Direct
2019-11-15	Class A Common Stock	S	3758	$169.63	Disposed	249986	Direct
2019-11-15	Class A Common Stock	S	1774	$170.28	Disposed	248212	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-14	Stock Option (right to buy)	$15.77	M	5625	Disposed	2022-02-27	Class A Common Stock (5625)	Direct
2019-11-15	Stock Option (right to buy)	$15.77	M	5625	Disposed	2022-02-27	Class A Common Stock (5625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	25239	Indirect
Class A Common Stock	25239	Indirect

Footnotes

F1: Represents Restricted Stock Units (RSUs) that will vest in full on November 20, 2019. These RSUs were granted pursuant to the Issuer's Key Employee Equity Bonus Plan, in lieu of a cash bonus earned for the third quarter of 2019.

F2: Includes 28 shares acquired under the Issuer's Employee Stock Purchase Plan on November 12, 2019.

F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2019.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.425 to $167.42, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) through (9) to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.425 to $168.405, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.49 to $169.46, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.96 to $168.895, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.995 to $169.98, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.005 to $170.595, inclusive.

F10: Shares held in a trust for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of this trust.

F11: Options are fully vested and exercisable.