RingCentral, Inc. — Director's Dealing 2020

Jun 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2020-06-02

Reporting Person: Marlow John H (SVP, CAO & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-02	Class A Common Stock	M	2500	$15.77	Acquired	177317	Direct
2020-06-02	Class A Common Stock	S	100	$268.00	Disposed	177217	Direct
2020-06-02	Class A Common Stock	S	500	$269.85	Disposed	176717	Direct
2020-06-02	Class A Common Stock	S	600	$271.43	Disposed	176117	Direct
2020-06-02	Class A Common Stock	S	600	$272.62	Disposed	175517	Direct
2020-06-02	Class A Common Stock	S	520	$273.78	Disposed	174997	Direct
2020-06-02	Class A Common Stock	S	180	$274.50	Disposed	174817	Direct
2020-06-03	Class A Common Stock	M	2500	$15.77	Acquired	177317	Direct
2020-06-03	Class A Common Stock	S	600	$270.12	Disposed	176717	Direct
2020-06-03	Class A Common Stock	S	600	$271.42	Disposed	176117	Direct
2020-06-03	Class A Common Stock	S	400	$271.88	Disposed	175717	Direct
2020-06-03	Class A Common Stock	S	300	$273.60	Disposed	175417	Direct
2020-06-03	Class A Common Stock	S	300	$275.80	Disposed	175117	Direct
2020-06-03	Class A Common Stock	S	100	$276.84	Disposed	175017	Direct
2020-06-03	Class A Common Stock	S	200	$278.03	Disposed	174817	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-02	Stock Options (right to buy)	$15.77	M	2500	Disposed	2022-02-27	Class A Common Stock (2500)	Direct
2020-06-03	Stock Options (right to buy)	$15.77	M	2500	Disposed	2022-02-27	Class A Common Stock (2500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (12500)	12500	Indirect
Class B Common Stock	$		Class A Common Stock (12500)	12500	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 December 12, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.52 to $270.17, 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 (11) 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 $271.11 to $271.95, inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.37 to $272.78, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.43 to $274.33, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $269.74 to $270.73, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.77 to $271.71, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.77 to $271.95, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.46 to $273.86, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.645 to $275.88, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.01 to $278.05, inclusive.

F12: Options are fully vested and exercisable.

F13: 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.

F14: 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.