Filing Details

Accession Number:
0001209191-19-041993
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-12 19:14:45
Reporting Period:
2019-07-10
Accepted Time:
2019-07-12 19:14:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1384905 Ringcentral Inc. RNG Services-Computer Processing & Data Preparation (7374) 943322844
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1632489 David Sipes C/O Ringcentral, Inc.
20 Davis Drive
Belmont CA 94002
Chief Operating Officer 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 2019-07-10 1,500 $15.98 258,911 No 4 M Direct
Class A Common Stock Disposition 2019-07-10 1,500 $124.00 257,411 No 4 S Direct
Class A Common Stock Acquisiton 2019-07-12 3,650 $15.77 261,061 No 4 M Direct
Class A Common Stock Acquisiton 2019-07-12 1,500 $0.00 262,561 No 4 C Direct
Class A Common Stock Disposition 2019-07-12 3,094 $122.37 259,467 No 4 S Direct
Class A Common Stock Disposition 2019-07-12 4,895 $123.21 254,572 No 4 S Direct
Class A Common Stock Disposition 2019-07-12 100 $123.91 254,472 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
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 2019-07-10 1,500 $0.00 1,500 $15.98
Class A Common Stock Stock Option (right to buy) Disposition 2019-07-12 3,650 $0.00 3,650 $15.77
Class B Common Stock Stock Option (right to buy) Disposition 2019-07-12 1,500 $0.00 1,500 $0.99
Class A Common Stock Class B Common Stock Acquisiton 2019-07-12 1,500 $0.99 1,500 $0.00
Class A Common Stock Class B Common Stock Disposition 2019-07-12 1,500 $0.00 1,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
110,348 2023-02-09 No 4 M Direct
27,611 2022-02-27 No 4 M Direct
0 2019-11-12 No 4 M Direct
1,500 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2018.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.00 to $124.02, 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 (2), (4) and (5) to this Form 4.
  3. Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
  4. The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $121.78 to $122.76, inclusive.
  5. The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $122.83 to $123.81, inclusive.
  6. The options vest and become exercisable in 48 equal monthly installments that commenced on March 9, 2016.
  7. Options are fully vested and exercisable.
  8. 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.