Form Filed By Shmunis Vladimir
Thu, Dec 29, 2022
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RingCentral, Inc. (RNG)
Technology
Software—Application
Insights
Coming soon
Non Derivative Transactions
2022-12-29
Class A Common Stock
Derivative Conversion
C
Type
Acquired 35,000 shares @ $0.00 per share
35,000 shares
By ELCA Fund I, L.P.
Indirect
2022-12-29
Class A Common Stoc
Gift
G
Type
Disposed 35,000 shares @ $0.00 per share
0 shares
By ELCA Fund I, L.P.
Indirect
Class A Common Stock
Other
Type
Disposed 0 shares @ $0.00 per share
241,175 shares
Direct
Footnotes
1. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
2. 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.
3. 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.
4. 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.