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 OF SECURITIES
                                                                                  
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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 *

Shmunis Vladimir
2. Issuer Name and Ticker or Trading Symbol

RingCentral Inc [ RNG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO & Chairman
(Last)          (First)          (Middle)

C/O RINGCENTRAL, INC., 20 DAVIS DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

12/11/2017
(Street)

BELMONT, CA 94002
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/11/2017     C (1)    6000   A $0.00   355041   D    
Class A Common Stock   12/11/2017     S (2)    5778   D $47.51   (3) 349263   D    
Class A Common Stock   12/11/2017     S (2)    222   D $48.41   (4) 349041   D    
Class A Common Stock   12/11/2017     C (1)    18333   A $0.00   18333   I   By ELCA Fund I, L.P.   (5)
Class A Common Stock   12/11/2017     S (2)    17655   D $47.51   (3) 678   I   By ELCA Fund I, L.P.   (5)
Class A Common Stock   12/11/2017     S (2)    678   D $48.41   (4) 0   I   By ELCA Fund I, L.P.   (5)
Class A Common Stock   12/12/2017     C (1)    6000   A $0.00   355041   D    
Class A Common Stock   12/12/2017     S (2)    5520   D $46.66   (6) 349263   D    
Class A Common Stock   12/12/2017     S (2)    480   D $47.15   (7) 349041   D    
Class A Common Stock   12/12/2017     C (1)    18333   A $0.00   18333   I   By ELCA Fund I, L.P.   (5)
Class A Common Stock   12/12/2017     S (2)    16865   D $46.66   (6) 1468   I   By ELCA Fund I, L.P.   (5)
Class A Common Stock   12/12/2017     S (2)    1468   D $47.15   (7) 0   I   By ELCA Fund I, L.P.   (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $1.10   12/11/2017     M         6000      (8) 1/18/2020   Class B Common Stock   6000   $0.00   294666   D    
Class B Common Stock     (9) 12/11/2017     M      6000         (9)   (9) Class A Common Stock   6000   $1.10   6000   D    
Class B Common Stock     (9) 12/11/2017     C   (1)       6000      (9)   (9) Class A Common Stock   6000   $0.00   0   D    
Class B Common Stock     (9) 12/11/2017     C   (1)       18333      (9)   (9) Class A Common Stock   18333   $0.00   5864535   I   By ELCA Fund I, L.P.   (5)
Stock Option (right to buy)   $1.10   12/12/2017     M         6000      (8) 1/18/2020   Class B Common Stock   6000   $0.00   288666   D    
Class B Common Stock     (9) 12/12/2017     M      6000         (9)   (9) Class A Common Stock   6000   $1.10   6000   D    
Class B Common Stock     (9) 12/12/2017     C   (1)       6000      (9)   (9) Class A Common Stock   6000   $0.00   0   D    
Class B Common Stock     (9) 12/12/2017     C   (1)       18333      (9)   (9) Class A Common Stock   18333   $0.00   5846202   I   By ELCA Fund I, L.P.   (5)
Class B Common Stock     (9)                    (9)   (9) Class A Common Stock   7200     7200   I   By ELCA Fund II, L.P.   (5)
Class B Common Stock     (9)                    (9)   (9) Class A Common Stock   7200     7200   I   By ELCA Fund III, L.P.   (5)
Class B Common Stock     (9)                    (9)   (9) Class A Common Stock   111     111   I   By ELCA, LLC   (5)

Explanation of Responses:
(1)  Each Share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
(2)  The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2017.
(3)  Reflects weighted average sale price. Actual sale prices ranged from $47.10 to $48.00 on December 11, 2017. The 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)  Reflects weighted average sale price. Actual sale prices ranged from $48.20 to $48.65 on December 11, 2017. The 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.
(5)  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.
(6)  Reflects weighted average sale price. Actual sale prices ranged from $46.05 to $47.00 on December 12, 2017. The 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.
(7)  Reflects weighted average sale price. Actual sale prices ranged from $47.05 to $47.30 on December 12, 2017. The 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.
(8)  Options are fully vested and exercisable.
(9)  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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Shmunis Vladimir
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002
X X CEO & Chairman
Shmunis Sandra
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002

X

ELCA Fund I, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002

X

ELCA, LLC
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002

X

ELCA Fund II, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002

X

ELCA Fund III, LP
C/O RINGCENTRAL, INC.
20 DAVIS DRIVE
BELMONT, CA 94002

X


Signatures
/s/ Bruce P. Johnson, Attorney-in-fact for Vladimir Shmunis 12/12/2017
** Signature of Reporting Person Date

/s/ Bruce P. Johnson, Attorney-in-fact for Sandra Shmunis 12/12/2017
** Signature of Reporting Person Date

/s/ Bruce P. Johnson, Attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partners of ELCA Fund I, L.P. 12/12/2017
** Signature of Reporting Person Date

/s/ Bruce P. Johnson, Attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC 12/12/2017
** Signature of Reporting Person Date

/s/ Bruce P. Johnson, Attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partner of ELCA Fund II, L.P. 12/12/2017
** Signature of Reporting Person Date

/s/ Bruce P. Johnson, Attorney-in-fact for Sandra Shmunis, a Managing Member of ELCA, LLC, the General Partner of ELCA Fund III, L.P. 12/12/2017
** 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 4(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 control number.
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