RingCentral, Inc. — Director's Dealing 2023

Jan 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RingCentral, Inc. (RNG)
CIK: 0001384905
Period of Report: 2022-12-29

Reporting Person: Shmunis Vladimir (Director, CEO & Chairman)
Reporting Person: Shmunis Sandra (Wife of Reporting Person)
Reporting Person: ELCA Fund I, LP (Controlled by Reporting Person)
Reporting Person: ELCA Fund II, LP (Controlled by Reporting Person)
Reporting Person: ELCA Fund III, LP (Controlled by Reporting Person)
Reporting Person: ELCA, LLC (Controlled by Reporting Person)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-29	Class A Common Stock	C	35000	$0.00	Acquired	35000	Indirect
2022-12-29	Class A Common Stoc	G	35000	$0.00	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-29	Class B Common Stock	$	C	35000	Disposed		Class A Common Stock (35000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	241175	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (5926)	5926	Indirect
Class B Common Stock	$		Class A Common Stock (5926)	5926	Indirect
Class B Common Stock	$		Class A Common Stock (1385)	1385	Indirect
Class B Common Stock	$		Class A Common Stock (1274)	1274	Indirect

Footnotes

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

F2: Vladimir Shmunis and Sandra Shmunis are the managing members of ELCA, LLC. ELCA, LLC is the general partner of ELCA Fund I, L.P., ELCA Fund II, L.P., and ELCA Fund III, L.P. By virtue of this relationship, Mr. Shmunis and Mrs. Shmunis may be deemed to share voting and dispositive power with respect to the shares held by ELCA Fund I, L.P., and certain of the shares held by ELCA Fund II, L.P. and ELCA Fund III, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F3: 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.

F4: Shares are held by the Shmunis Revocable Trust dated June 9, 1998, as amended, for which Vladimir Shmunis and Sandra Shmunis are trustees and beneficiaries.