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Actionable news in RNG: RINGCENTRAL Inc,

Major owner of RingCentral just cashed-in 25,000 options

Vladimir Shmunis, a major owner of RingCentral and RingCentral's CEO & Chairman and a director of the company, recently cashed-in 25,000 options. The options were exercised at $0.00, while the disposals took place at $0.00 per share, on December 10, 2015. Shmunis no longer owns any shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Shmunis operates out of Belmont, CA. Some additional info was provided as follows:

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 thi s 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., ELCA Fund II, L.P., and ELCA Fund III, L.P. Each of the Reporting Persons disclaims...

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