RingCentral, Inc. — Director's Dealing 2020

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2020-08-17

Reporting Person: Shah Praful (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-17	Class A Common Stock	M	5625	$16.05	Acquired	197177	Direct
2020-08-17	Class A Common Stock	S	635	$286.92	Disposed	196542	Direct
2020-08-17	Class A Common Stock	S	917	$287.81	Disposed	195625	Direct
2020-08-17	Class A Common Stock	S	299	$289.23	Disposed	195326	Direct
2020-08-17	Class A Common Stock	S	408	$290.40	Disposed	194918	Direct
2020-08-17	Class A Common Stock	S	600	$291.39	Disposed	194318	Direct
2020-08-17	Class A Common Stock	S	1743	$292.30	Disposed	192575	Direct
2020-08-17	Class A Common Stock	S	1509	$293.39	Disposed	191066	Direct
2020-08-18	Class A Common Stock	M	5625	$16.05	Acquired	196691	Direct
2020-08-18	Class A Common Stock	S	339	$289.74	Disposed	196352	Direct
2020-08-18	Class A Common Stock	S	2758	$291.01	Disposed	193594	Direct
2020-08-18	Class A Common Stock	S	1915	$291.71	Disposed	191679	Direct
2020-08-18	Class A Common Stock	S	800	$293.33	Disposed	190879	Direct
2020-08-18	Class A Common Stock	S	300	$294.06	Disposed	190579	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-17	Stock Option (right to buy)	$16.05	M	5625	Disposed	2021-04-15	Class A Common Stock (5625)	Direct
2020-08-18	Stock Option (right to buy)	$16.05	M	5625	Disposed	2021-04-15	Class A Common Stock (5625)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	24389	Indirect
Class A Common Stock	24389	Indirect
Class A Common Stock	25239	Indirect
Class A Common Stock	25239	Indirect

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 March 13, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.44 to $287.36, 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 (2) through (13) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.17 to $288.14, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.64 to $289.59, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.85 to $290.75, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.87 to $291.77, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.94 to $292.85, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.01 to $293.75, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.42 to $290.40, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.45 to $291.43, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.46 to $292.24, inclusive.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.82 to $293.60, inclusive.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $293.85 to $294.37, inclusive.

F14: Shares held by the Praful Shah 2019 Grantor Retained Annuity Trust 1, for which the Reporting Person serves as trustee.

F15: Shares held by the Vandana Shah 2019 Grantor Retained Annuity Trust 1, for which the Reporting Person's spouse serves as trustee.

F16: 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.

F17: Options are fully vested and exercisable.