Vladimir Shmunis - Oct 19, 2021 Form 4 Insider Report for RingCentral, Inc. (RNG)

Signature
/s/ Bruce P. Johnson, attorney-in-fact for Vladimir Shmunis
Stock symbol
RNG
Transactions as of
Oct 19, 2021
Transactions value $
-$7,349,247
Form type
4
Date filed
10/21/2021, 08:03 PM
Previous filing
Sep 16, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNG Class A Common Stock Conversion of derivative security $0 +10K $0.00 10K Oct 19, 2021 By ELCA Fund I, L.P. F1, F2
transaction RNG Class A Common Stock Sale -$72.1K -300 -3% $240.31* 9.7K Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F4
transaction RNG Class A Common Stock Sale -$773K -3.2K -32.99% $241.53* 6.5K Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F5
transaction RNG Class A Common Stock Sale -$607K -2.5K -38.46% $242.61* 4K Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F6
transaction RNG Class A Common Stock Sale -$495K -2.03K -50.8% $243.47* 1.97K Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F7
transaction RNG Class A Common Stock Sale -$286K -1.17K -59.3% $244.82* 801 Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F8
transaction RNG Class A Common Stock Sale -$196K -801 -100% $245.26* 0 Oct 19, 2021 By ELCA Fund I, L.P. F2, F3, F9
transaction RNG Class A Common Stock Conversion of derivative security $0 +10K $0.00 10K Oct 20, 2021 By ELCA Fund I, L.P. F1, F2
transaction RNG Class A Common Stock Sale -$2.05M -8.45K -84.51% $242.81* 1.55K Oct 20, 2021 By ELCA Fund I, L.P. F2, F3, F10
transaction RNG Class A Common Stock Sale -$199K -815 -52.61% $243.67* 734 Oct 20, 2021 By ELCA Fund I, L.P. F2, F3, F11
transaction RNG Class A Common Stock Sale -$180K -734 -100% $244.92* 0 Oct 20, 2021 By ELCA Fund I, L.P. F2, F3, F12
transaction RNG Class A Common Stock Conversion of derivative security $0 +10K $0.00 10K Oct 21, 2021 By ELCA Fund I, L.P. F1, F2
transaction RNG Class A Common Stock Sale -$169K -690 -6.9% $245.02* 9.31K Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F13
transaction RNG Class A Common Stock Sale -$176K -713 -7.66% $246.24* 8.6K Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F14
transaction RNG Class A Common Stock Sale -$420K -1.7K -19.77% $247.27* 6.9K Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F15
transaction RNG Class A Common Stock Sale -$345K -1.39K -20.11% $248.42* 5.51K Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F16
transaction RNG Class A Common Stock Sale -$198K -793 -14.39% $249.65* 4.72K Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F17
transaction RNG Class A Common Stock Sale -$979K -3.91K -82.83% $250.66* 810 Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F18
transaction RNG Class A Common Stock Sale -$204K -810 -100% $251.41* 0 Oct 21, 2021 By ELCA Fund I, L.P. F2, F3, F19
holding RNG Class A Common Stock 143K Oct 19, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNG Class B Common Stock Conversion of derivative security $0 -10K -0.18% $0.00 5.53M Oct 19, 2020 Class A Common Stock 10K By ELCA Fund I, L.P. F1, F2, F20
transaction RNG Class B Common Stock Conversion of derivative security $0 -10K -0.18% $0.00 5.52M Oct 20, 2020 Class A Common Stock 10K By ELCA Fund I, L.P. F1, F2, F20
transaction RNG Class B Common Stock Conversion of derivative security $0 -10K -0.18% $0.00 5.51M Oct 21, 2021 Class A Common Stock 10K By ELCA Fund I, L.P. F1, F2, F20
holding RNG Class B Common Stock 6.69K Oct 19, 2021 Class A Common Stock 6.69K By ELCA Fund II, L.P. F2, F20
holding RNG Class B Common Stock 6.69K Oct 19, 2021 Class A Common Stock 6.69K By ELCA Fund III, L.P. F2, F20
holding RNG Class B Common Stock 621 Oct 19, 2021 Class A Common Stock 621 By ELCA, LLC F2, F20
holding RNG Class B Common Stock 510 Oct 19, 2021 Class A Common Stock 510 By Trust F20, F21
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
F2 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.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.14 to $240.64, 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 (4) through (19) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.14 to $242.05, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.15 to $243.045, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.18 to $244.07, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.18 to $245.16, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.18 to $245.38, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.39 to $243.30, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.59 to $243.90, inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.77 to $245.14, inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.62 to $245.48, inclusive.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.78 to $246.60, inclusive.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.89 to $247.705, inclusive.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.94 to $248.92, inclusive.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.065 to $250.06, inclusive.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.075 to $251.07, inclusive.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.075 to $251.93, inclusive.
F20 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.
F21 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.