Sec Form 4 Filing - Sipes David @ RingCentral Inc - 2015-02-10

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Sipes David
2. Issuer Name and Ticker or Trading Symbol
RingCentral Inc [ RNG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP of International Business
(Last) (First) (Middle)
C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
02/10/2015
(Street)
SAN MATEO, CA94404
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 02/10/2015 C( 1 ) 20,865 A $ 0 149,662 D
Class A Common Stock 02/10/2015 S 20,865 D $ 16.09 ( 2 ) 128,797 D
Class A Common Stock 02/11/2015 S 30,000 D $ 16.02 ( 3 ) 98,797 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 0.99 02/10/2015 M 10,865 ( 4 ) 07/22/2018 Class B Common Stock 10,865 $ 0 0 D
Class B Common Stock ( 1 ) 02/10/2015 M 10,865 ( 1 ) ( 1 ) Class A Common Stock 10,865 $ 0 10,865 D
Stock Option (Right to Buy) $ 0.99 02/10/2015 M 10,000 ( 5 ) 04/24/2019 Class A Common Stock 10,000 $ 0 17,818 D
Class B Common Stock ( 1 ) 02/10/2015 M 10,000 ( 1 ) ( 1 ) Class A Common Stock 10,000 $ 0 20,865 D
Class B Common Stock ( 1 ) 02/10/2015 C( 1 ) 20,865 ( 1 ) ( 1 ) Class A Common Stock 20,865 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sipes David
C/O RINGCENTRAL, INC.
1400 FASHION ISLAND BLVD, 7TH FLOOR
SAN MATEO, CA94404
EVP of International Business
Signatures
/s/ Bruce Johnson, Attorney-in-fact for David Sipes 02/12/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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 the reporting person 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.
( 2 )Reflects weighted average sale price. Actual sale prices ranged from $15.98 to $16.21 on February 10, 2015. 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.
( 3 )Reflects weighted average sale price. Actual sale prices ranged from $16.00 to $16.25 on February 11, 2015. 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.
( 4 )The option to purchase 325,000 shares was granted on 7/22/2008 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. 25% of the shares subject to the option vested on 6/25/2009, and 1/48th of the shares vested each month thereafter over the following 36 months.
( 5 )The option to purchase 112,578 shares was granted on 4/29/2009 and was exercised in part prior to the date on which the Reporting Person became subject to Section 16. 25% of the shares subject to the option vested on 4/24/2009, and 1/48th of the shares vested each month thereafter over the following 36 months.

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 4(b)(v).
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