X0306
4
2017-06-12
0
0001384905
RingCentral Inc
RNG
0001586648
Makagon Kira
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT
CA
94002
0
1
0
0
EVP, Innovation
Class A Common Stock
2017-06-12
4
C
0
10000
0.00
A
176493
D
Class A Common Stock
2017-06-12
4
S
0
10000
34.68
D
166493
D
Stock Option (right to buy)
6.78
2017-06-12
4
M
0
10000
0.00
D
2022-08-02
Class B Common Stock
10000
373397
D
Class B Common Stock
2017-06-12
4
M
0
10000
6.78
A
Class A Common Stock
10000
30000
D
Class B Common Stock
2017-06-12
4
C
0
10000
0.00
D
Class A Common Stock
10000
20000
D
Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
Reflects weighted average sale price. Actual sale prices ranged from $34.55 to $34.73 on June 12, 2017. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on 8/01/2013, and 1/48th of the shares vest each month thereafter over the following 36 months.
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.
/s/ Bruce P. Johnson, Attorney-in-fact for Kira Makagon
2017-06-14