X0306 4 2020-03-11 0 0001384905 RingCentral, Inc. RNG 0001586647 Shmunis Vladimir C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 1 1 0 0 CEO & Chairman 0001587526 Shmunis Sandra C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 0 0 0 1 Wife of Reporting Person 0001587616 ELCA Fund I, LP C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 0 0 0 1 Controlled by Reporting Person 0001587618 ELCA Fund II, LP C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 0 0 0 1 Controlled by Reporting Person 0001587622 ELCA Fund III, LP C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 0 0 0 1 Controlled by Reporting Person 0001587543 ELCA, LLC C/O RINGCENTRAL, INC. 20 DAVIS DRIVE BELMONT CA 94002 0 0 0 1 Controlled by Reporting Person Class A Common Stock 2020-03-11 4 M 0 25000 17.13 A 179197 D Class A Common Stock 2020-03-11 4 S 0 610 187.89 D 178587 D Class A Common Stock 2020-03-11 4 S 0 1098 189.11 D 177489 D Class A Common Stock 2020-03-11 4 S 0 488 190.65 D 177001 D Class A Common Stock 2020-03-11 4 S 0 488 191.44 D 176513 D Class A Common Stock 2020-03-11 4 S 0 732 192.49 D 175781 D Class A Common Stock 2020-03-11 4 S 0 1219 195.29 D 174562 D Class A Common Stock 2020-03-11 4 S 0 671 196.28 D 173891 D Class A Common Stock 2020-03-11 4 S 0 672 197.48 D 173219 D Class A Common Stock 2020-03-11 4 S 0 1098 198.63 D 172121 D Class A Common Stock 2020-03-11 4 S 0 651 199.71 D 171470 D Class A Common Stock 2020-03-11 4 S 0 492 201.10 D 170978 D Class A Common Stock 2020-03-11 4 S 0 55 201.59 D 170923 D Class A Common Stock 2020-03-11 4 S 0 1220 203.59 D 169703 D Class A Common Stock 2020-03-11 4 S 0 1220 205.34 D 168483 D Class A Common Stock 2020-03-11 4 S 0 3423 206.31 D 165060 D Class A Common Stock 2020-03-11 4 S 0 1890 207.52 D 163170 D Class A Common Stock 2020-03-11 4 S 0 2460 208.65 D 160710 D Class A Common Stock 2020-03-11 4 S 0 2680 209.60 D 158030 D Class A Common Stock 2020-03-11 4 S 0 1101 210.56 D 156929 D Class A Common Stock 2020-03-11 4 S 0 2487 211.68 D 154442 D Class A Common Stock 2020-03-11 4 S 0 245 212.43 D 154197 D Class A Common Stock 2020-03-11 4 C 0 16000 0.00 A 16000 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 390 187.89 D 15610 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 702 189.11 D 14908 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 312 190.65 D 14596 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 312 191.44 D 14284 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 468 192.49 D 13816 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 781 195.29 D 13036 I By ELCA Fund I, L.P. Class A Common Stock 2020-03-11 4 S 0 429 196.28 D 12607 I By ELCA Fund I, L.P. Stock Option (right to buy) 17.13 2020-03-11 4 M 0 25000 0.00 D 2022-05-01 Class A Common Stock 25000 375000 D Class B Common Stock 2020-03-11 4 C 0 16000 0.00 D Class A Common Stock 16000 5727107 I By ELCA Fund I, L.P. Class B Common Stock Class A Common Stock 6690 6690 I By ELCA Fund II, L.P. Class B Common Stock Class A Common Stock 6690 6690 I By ELCA Fund III, L.P. Class B Common Stock Class A Common Stock 621 621 I By ELCA, LLC Class B Common Stock Class A Common Stock 510 510 I By Trust 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 $187.76 to $188.28, 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 (21) 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 $188.91 to $189.62, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.14 to $191.10, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.14 to $191.53, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.39 to $192.66, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $194.75 to $195.73, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.01 to $196.97, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.02 to $197.87, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.48 to $199.34, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.58 to $200.26, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.59 to $201.55, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.20 to $204.05, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.77 to $205.68, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.85 to $206.84, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.90 to $207.87, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.05 to $209.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.11 to $210.10, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.11 to $210.86, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.19 to $212.16, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $212.19 to $212.48, inclusive. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock. 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. This is the 1st of two Forms 4 that report the Reporting Persons' transactions that occurred on March 11, 2020. /s/ Bruce P. Johnson, attorney-in-fact for Vladimir Shmunis 2020-03-13 /s/ Bruce P. Johnson, attorney-in-fact for Sandra Shmunis 2020-03-13 /s/ Bruce P. Johnson, attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partner of ELCA Fund I, L.P. 2020-03-13 /s/ Bruce P. Johnson, attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partner of ELCA Fund II, L.P. 2020-03-13 /s/ Bruce P. Johnson, attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partner of ELCA Fund III, L.P. 2020-03-13 /s/ Bruce P. Johnson, attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC 2020-03-13