Filing Details

Accession Number:
0001209191-15-081299
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-19 16:24:52
Reporting Period:
2015-11-17
Filing Date:
2015-11-19
Accepted Time:
2015-11-19 16:24:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1384905 Ringcentral Inc RNG Services-Computer Processing & Data Preparation (7374) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230185 Clyde Hosein C/O Ringcentral, Inc.
20 Davis Drive
Belmont CA 94002
Evp And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2015-11-17 50,000 $0.00 91,208 No 4 C Direct
Class A Common Stock Disposition 2015-11-17 50,000 $22.14 41,208 No 4 S Direct
Class A Common Stock Acquisiton 2015-11-18 50,000 $0.00 91,208 No 4 C Direct
Class A Common Stock Disposition 2015-11-18 50,000 $22.53 41,208 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Stock Option (right to buy) Disposition 2015-11-17 45,788 $0.00 45,788 $12.86
Class A Common Stock Class B Common Stock Acquisiton 2015-11-17 45,788 $12.86 45,788 $0.00
Class A Common Stock Class B Common Stock Disposition 2015-11-17 45,788 $0.00 45,788 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2015-11-17 4,212 $0.00 4,212 $12.86
Class A Common Stock Class B Common Stock Acquisiton 2015-11-17 4,212 $12.86 4,212 $0.00
Class A Common Stock Class B Common Stock Disposition 2015-11-17 4,212 $0.00 4,212 $0.00
Class B Common Stock Stock Option (right to buy) Disposition 2015-11-18 50,000 $0.00 50,000 $12.86
Class A Common Stock Class B Common Stock Disposition 2015-11-18 50,000 $12.86 50,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2015-11-18 50,000 $0.00 50,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
722,212 2023-08-22 No 4 M Direct
45,788 No 4 M Direct
0 No 4 C Direct
20,788 2013-08-22 2023-08-22 No 4 M Direct
4,212 No 4 M Direct
0 No 4 C Direct
672,212 2023-08-22 No 4 M Direct
50,000 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
  2. Reflects weighted average sale price. Actual sale prices ranged from $22.00 to $22.23 on November 17, 2015. Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
  3. Reflects weighted average sale price. Actual sale prices ranged from $22.50 to $22.63 on November 18, 2015. Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
  4. The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/15/2014, and 1/48th of the shares vest each month thereafter over the following 36 months.
  5. 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.