Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-012309
Date:2020-02-20
Issuer: RINGCENTRAL, INC. (RNG)
Original Submission Date:

Reporting Person:

SHMUNIS VLADIMIR
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Reporting Person:

SHMUNIS SANDRA
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Reporting Person:

ELCA FUND I, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Reporting Person:

ELCA FUND II, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Reporting Person:

ELCA FUND III, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Reporting Person:

ELCA, LLC
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE BELMONT, CA 94002

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2020-02-20 C 25,000 a $0.00 217,621 direct
CLASS A COMMON STOCK 2020-02-20 S 317 d $236.19 217,304 direct
CLASS A COMMON STOCK 2020-02-20 S 1,915 d $237.35 215,389 direct
CLASS A COMMON STOCK 2020-02-20 S 3,813 d $238.35 211,576 direct
CLASS A COMMON STOCK 2020-02-20 S 6,039 d $239.27 205,537 direct
CLASS A COMMON STOCK 2020-02-20 S 10,322 d $240.51 195,215 direct
CLASS A COMMON STOCK 2020-02-20 S 6,261 d $241.51 188,954 direct
CLASS A COMMON STOCK 2020-02-20 S 12,532 d $242.42 176,422 direct
CLASS A COMMON STOCK 2020-02-20 S 6,286 d $243.42 170,136 direct
CLASS A COMMON STOCK 2020-02-20 S 315 d $244.83 169,821 direct
CLASS A COMMON STOCK 2020-02-20 S 1,436 d $246.33 168,385 direct
CLASS A COMMON STOCK 2020-02-20 S 3,914 d $247.38 164,471 direct
CLASS A COMMON STOCK 2020-02-20 S 8,520 d $248.31 155,951 direct
CLASS A COMMON STOCK 2020-02-20 S 1,754 d $249.22 154,197 direct
CLASS A COMMON STOCK 2020-02-21 C 25,000 a $0.00 179,197 direct
CLASS A COMMON STOCK 2020-02-21 S 4,171 d $232.83 175,026 direct
CLASS A COMMON STOCK 2020-02-21 S 4,545 d $233.80 170,481 direct
CLASS A COMMON STOCK 2020-02-21 S 2,424 d $234.90 168,057 direct
CLASS A COMMON STOCK 2020-02-21 S 5,507 d $235.80 162,550 direct
CLASS A COMMON STOCK 2020-02-21 S 6,733 d $236.75 155,817 direct
CLASS A COMMON STOCK 2020-02-21 S 1,006 d $237.61 154,811 direct
CLASS A COMMON STOCK 2020-02-21 S 614 d $239.84 154,197 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 6.78 2020-02-20 deemed execution date M 25,000 (d) 2022-09-25 class b common stock 25,000 $6.78 50,000 direct
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date M 25,000 (a) class a common stock 25,000 $0.00 25,000 direct
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date C 25,000 (d) class a common stock 25,000 $0.00 0 direct
STOCK OPTION (RIGHT TO BUY) 6.78 2020-02-21 deemed execution date M 25,000 (d) 2022-09-25 class b common stock 25,000 $6.78 25,000 direct
CLASS B COMMON STOCK 0.0 2020-02-21 deemed execution date M 25,000 (a) class a common stock 25,000 $0.00 25,000 direct
CLASS B COMMON STOCK 0.0 2020-02-21 deemed execution date C 25,000 (d) class a common stock 25,000 $0.00 0 direct
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date 0 ( ) class a common stock 5,823,107 $0.00 5,823,107 indirect by elca fund i, l.p.
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date 0 ( ) class a common stock 6,690 $0.00 6,690 indirect by elca fund ii, l.p.
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date 0 ( ) class a common stock 6,690 $0.00 6,690 indirect by elca fund iii, l.p.
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date 0 ( ) class a common stock 621 $0.00 621 indirect by elca, llc
CLASS B COMMON STOCK 0.0 2020-02-20 deemed execution date 0 ( ) class a common stock 510 $0.00 510 indirect by trust
Footnotes
IDfootnote
f1 each share of class a common stock was issued upon conversion of one share of class b common stock.
f2 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $235.73 to $236.39, 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 (3) through (22) to this form 4.
f4 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $236.73 to $237.72, inclusive.
f5 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $237.87 to $238.86, inclusive.
f6 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $238.87 to $239.76, inclusive.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $240.00 to $240.99, inclusive.
f8 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $241.00 to $241.99, inclusive.
f9 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $242.00 to $242.99, inclusive.
f10 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $243.02 to $243.94, inclusive.
f11 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $244.42 to $245.35, inclusive.
f12 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $245.88 to $246.76, inclusive.
f13 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $246.88 to $247.87, inclusive.
f14 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $247.89 to $248.88, inclusive.
f15 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $248.94 to $249.74, inclusive.
f16 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $232.37 to $233.35, inclusive.
f17 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $233.37 to $234.36, inclusive.
f18 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $234.37 to $235.35, inclusive.
f19 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $235.38 to $236.37, inclusive.
f20 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $236.38 to $237.32, inclusive.
f21 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $237.54 to $237.81, inclusive.
f22 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $239.47 to $239.98, inclusive.
f23 shares subject to the option are fully vested and immediately exercisable.
f24 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.
f25 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.
f26 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.
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