Filing Details

Accession Number:
0001209191-14-020480
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-13 19:49:43
Reporting Period:
2014-03-11
Filing Date:
2014-03-13
Accepted Time:
2014-03-13 19:49:43
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
1243040 I Robert Theis C/O Scale Venture Partners
950 Tower Lane, Suite 700
Foster City CA 94404
Yes No 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 2014-03-11 331,922 $0.00 331,922 No 4 C Indirect See FN
Class A Common Stock Disposition 2014-03-11 331,922 $21.50 0 No 4 S Indirect See FN
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See FN
No 4 S Indirect See FN
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2014-03-11 331,922 $0.00 331,922 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,327,688 No 4 C Indirect
Footnotes
  1. The securities are held by Scale Venture Partners III, LP ("Scale Partners"). The General Partner of Scale Partners is Scale Venture Management III, LLC ("Scale Management III"). The Reporting Person is a managing member of Scale Management III and shares voting and investment power with respect to these shares with three other managing members of Scale Management III. The Reporting Person disclaims beneficial ownership with respect to these shares except to the extent of his pecuniary interest therein.
  2. Does not reflect an underwriter's discount of $1.02125 per share.
  3. 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 shares (subject to certain exceptions), or (ii) the death of a natural person holding such share. In addition, each share of Class B Common Stock outstanding will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 67% of the outstanding shares of Class B Common Stock, (ii) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock or (iii) the seven-year anniversary of the closing date of the Issuer's initial public offering (subject to certain exceptions).
  4. Not applicable.