Filing Details

Accession Number:
0001209191-15-079167
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-09 18:05:23
Reporting Period:
2015-11-05
Filing Date:
2015-11-09
Accepted Time:
2015-11-09 18:05:23
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 2015-11-05 6,730 $13.00 6,730 No 4 M Indirect See footnote
Class A Common Stock Acquisiton 2015-11-05 38,209 $12.30 44,939 No 4 M Indirect See footnote
Class A Common Stock Disposition 2015-11-05 44,939 $21.28 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect See footnote
No 4 M Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (Right to Buy) Disposition 2015-11-05 6,730 $0.00 6,730 $13.00
Class A Common Stock Stock Option (Right to Buy) Disposition 2015-11-05 38,209 $0.00 38,209 $12.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-09-26 No 4 M Indirect
0 2021-05-15 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 11,554 Indirect See footnote
Footnotes
  1. Pursuant to the policies of Scale Venture Partners III, LP ("Scale Partners") and Scale Venture Management III, LLC ("Scale Management III") and Scale Management LLC ("Scale Management") the Reporting Person is deemed to hold the reported security for the benefit of Scale Management. The stock options were exercised and the underlying shares of Class A Common Stock were sold at the direction of Scale Partners and Scale Management III. Scale Management may be deemed the indirect beneficial owner of the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  2. The shares were sold at prices ranging between $21.22 and $21.445. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. The Reporting Person is deemed to hold the reported security for the benefit of Scale Management. Scale Management may be deemed the indirect beneficial owner of the reported securities. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  4. Fully vested.