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RingCentral, Inc. Director's Dealing 2021

Oct 15, 2021

31440_dirs_2021-10-15_69ee5ff7-1761-4c4c-8b4f-90fe607fe382.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: 2021-10-13

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-10-13 Class A Common Stock C 2500 $0.00 Acquired 190089 Direct
2021-10-13 Class A Common Stock S 900 $235.81 Disposed 189189 Direct
2021-10-13 Class A Common Stock S 1600 $236.97 Disposed 187589 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-10-12 Class B Common Stock $ C 2500 Disposed Class A Common Stock (2500) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 12080 Indirect
Class A Common Stock 8000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (420) 8320 Indirect
Class B Common Stock $ Class A Common Stock (250) 4550 Indirect

Footnotes

F1: Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.

F2: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.39 to $236.24, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.45 to $237.315, inclusive.

F5: Shares held in The M&M Family 2020 Irrevocable Trust. The Reporting Person and his spouse are co-trustees of this trust.

F6: Shares held in trusts for the benefit of the Reporting Person's children. The Reporting Person and his spouse are co-trustees of these trusts.

F7: 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.