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RingCentral, Inc. Director's Dealing 2020

Feb 25, 2020

31440_dirs_2020-02-24_cea27ffe-9a2c-490b-acd7-53cea53ec6cb.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: 2020-02-20

Reporting Person: Shah Praful (Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-02-20 Class A Common Stock F 3906 $243.76 Disposed 237616 Direct
2020-02-20 Class A Common Stock M 5625 $15.77 Acquired 243241 Direct
2020-02-20 Class A Common Stock S 100 $235.68 Disposed 243141 Direct
2020-02-20 Class A Common Stock S 200 $237.74 Disposed 242941 Direct
2020-02-20 Class A Common Stock S 630 $239.22 Disposed 242311 Direct
2020-02-20 Class A Common Stock S 600 $240.25 Disposed 241711 Direct
2020-02-20 Class A Common Stock S 300 $241.09 Disposed 241411 Direct
2020-02-20 Class A Common Stock S 1100 $242.32 Disposed 240311 Direct
2020-02-20 Class A Common Stock S 999 $243.34 Disposed 239312 Direct
2020-02-20 Class A Common Stock S 200 $243.82 Disposed 239112 Direct
2020-02-20 Class A Common Stock S 300 $246.40 Disposed 238812 Direct
2020-02-20 Class A Common Stock S 1301 $247.91 Disposed 237511 Direct
2020-02-20 Class A Common Stock S 400 $248.76 Disposed 237111 Direct
2020-02-20 Class A Common Stock S 100 $249.67 Disposed 237011 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-02-20 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: 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.

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 4, 2019.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.39 to $238.09, 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) through (12) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.62 to $239.59, inclusive.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.70 to $240.65, inclusive.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.72 to $241.62, inclusive.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.78 to $242.74, inclusive.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.81 to $243.76, inclusive.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.81 to $243.83, inclusive.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.91 to $246.73, inclusive.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.50 to $248.27, inclusive.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.62 to $248.94, inclusive.

F13: 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.

F14: Options are fully vested and exercisable.