SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 05/06/2017 | 3. Issuer Name and Ticker or Trading Symbol RingCentral Inc [ RNG ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 87,493(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | 05/09/2012(2) | 05/09/2022 | Class B Common Stock | 11,667 | 4.48 | D | |
Stock Option (right to buy) | 08/02/2012(3) | 08/02/2022 | Class B Common Stock | 30,000 | 6.78 | D | |
Stock Option (right to buy) | 06/12/2013(4) | 06/12/2023 | Class B Common Stock | 20,000 | 10.42 | D | |
Stock Option (right to buy) | (5) | 02/11/2021 | Class A Common Stock | 2,084 | 20.88 | D | |
Stock Option (right to buy) | (6) | 04/15/2021 | Class A Common Stock | 10,000 | 16.05 | D | |
Stock Option (right to buy) | (7) | 10/23/2021 | Class A Common Stock | 15,000 | 11.5 | D | |
Stock Option (right to buy) | (8) | 12/16/2021 | Class A Common Stock | 30,000 | 13.43 | D | |
Stock Option (right to buy) | (9) | 02/09/2023 | Class A Common Stock | 20,000 | 15.98 | D |
Explanation of Responses: |
1. Certain of these securities are restricted stock units. Each restricted stock unit represents the Reporting Person's right to receive one share of Class A Common Stock, subject to the applicable vesting schedule. In the event the Reporting Person ceases to be a Service Provider, the unvested restricted stock units will be cancelled by the Issuer. |
2. The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on May 9, 2013, and 1/48th of the shares vest each month thereafter over the following 36 months. The original grant was for 40,000 shares of Class B Common stock, of which 28,333 shares have been exercised. |
3. The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on August 2, 2013, and 1/48th of the shares vest each month thereafter over the following 36 months. |
4. The option was immediately exercisable on date of grant. 25% of the shares subject to the option vested on June 12, 2014, and 1/48th of the shares vest each month thereafter over the following 36 months. |
5. The option shall vest and become exercisable in 48 equal monthly installments commencing on March 11, 2014. The original grant was for 10,000 shares of Class A Common stock, of which 7,916 shares have been exercised. |
6. The option shall vest and become exercisable in 48 equal monthly installments commencing on May 15, 2014. |
7. The option shall vest and become exercisable in 48 equal monthly installments commencing on November 1, 2014. |
8. The option shall vest and become exercisable in 48 equal monthly installments commencing on January 16, 2015. |
9. The option shall vest and become exercisable in 48 equal monthly installments commencing on March 9, 2016. |
Remarks: |
/s/ Bruce P. Johnson, Attorney-in-fact for Mitesh Dhruv | 05/10/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |