Filing Details
- Accession Number:
- 0001209191-20-032012
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-05-26 16:25:18
- Reporting Period:
- 2020-05-22
- Accepted Time:
- 2020-05-26 16:25:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1586647 | Vladimir Shmunis | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | Ceo & Chairman | Yes | Yes | No | No |
| 1587526 | Sandra Shmunis | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | No | No | No | Yes | |
| 1587543 | Elca, Llc | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | No | No | No | Yes | |
| 1587616 | Elca Fund I, Lp | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | No | No | No | Yes | |
| 1587618 | Elca Fund Ii, Lp | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | No | No | No | Yes | |
| 1587622 | Elca Fund Iii, Lp | C/O Ringcentral, Inc. 20 Davis Drive Belmont CA 94002 | No | No | No | Yes |
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 | 2020-05-22 | 25,000 | $17.13 | 242,317 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 365 | $256.42 | 241,952 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 309 | $258.15 | 241,643 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 1,399 | $259.34 | 240,244 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 8,824 | $260.24 | 231,420 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 9,223 | $261.11 | 222,197 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 4,637 | $262.07 | 217,560 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 243 | $262.76 | 217,317 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2020-05-22 | 235 | $256.42 | 15,765 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 201 | $258.15 | 15,564 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 896 | $259.34 | 14,668 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 5,637 | $260.24 | 9,031 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 5,891 | $261.11 | 3,140 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 2,983 | $262.07 | 157 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Class A Common Stock | Disposition | 2020-05-22 | 157 | $262.76 | 0 | No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
| No | 4 | S | Indirect | By ELCA Fund I, L.P. |
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 | 2020-05-22 | 25,000 | $0.00 | 25,000 | $17.13 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 225,000 | 2022-05-01 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 5,631,107 | 5,631,107 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 6,690 | 6,690 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 6,690 | 6,690 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 621 | 621 | Indirect | ||
| Class A Common Stock | Class B Common Stock | $0.00 | 510 | 510 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 5,631,107 | 5,631,107 | Indirect | |
| 6,690 | 6,690 | Indirect | |
| 6,690 | 6,690 | Indirect | |
| 621 | 621 | Indirect | |
| 510 | 510 | Indirect |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2019.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.16 to $256.57, 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) through (8) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.65 to $258.40, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.65 to $259.61, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.665 to $260.66, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.67 to $261.66, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.67 to $262.615, inclusive.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.71 to $262.915, inclusive.
- 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.
- Shares subject to the option were fully vested and immediately exercisable.
- 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.
- 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.
Billionaire Hedge Funds
