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RingCentral, Inc. — Director's Dealing 2019
Feb 23, 2019
31440_dirs_2019-02-22_0777f81f-6a1d-442a-a247-cd86d839508a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RingCentral Inc (RNG)
CIK: 0001384905
Period of Report: 2019-02-20
Reporting Person: Sipes David (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-20 | Class A Common Stock | M | 7300 | $15.77 | Acquired | 265405 | Direct |
| 2019-02-20 | Class A Common Stock | S | 3666 | $103.4487 | Disposed | 261739 | Direct |
| 2019-02-20 | Class A Common Stock | S | 3634 | $104.3367 | Disposed | 258105 | Direct |
| 2019-02-20 | Class A Common Stock | F | 7875 | $103.90 | Disposed | 250230 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-20 | Stock Option (right to buy) | $15.77 | M | 7300 | Disposed | 2022-02-27 | Class A Common Stock (7300) | Direct |
Footnotes
F1: 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.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.90 to
$103.82, 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 (3) and (4) to this Form 4.
F3: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $103.90 to
$104.80, inclusive.
F4: In an exempt disposition to the issuer under rule 16b-3(e), the Reporting Person remitted shares to the issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of previously reported restricted stock units.
F5: Shares subject to the option are fully vested and immediately exercisable.