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8X8 INC /DE/ — Director's Dealing 2015
Nov 24, 2015
33287_dirs_2015-11-24_161bbc71-2aa2-4ab8-8cca-6dd6410cc613.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2015-11-20
Reporting Person: MARTIN BRYAN R (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-20 | Common Stock | M | 1582 | $11.57 | Acquired | 1150372 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-20 | Restricted Stock Units | $ | M | 1582 | Disposed | 2018-10-21 | Common Stock (1582) | Direct |
| 2015-11-20 | Restricted Stock Units | $ | F | 1754 | Disposed | 2018-10-21 | Common Stock (1754) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F2: RSUs do not vest unless and until average closing price of 8x8 common stock over any 30 consecutive trading day period within 4 years from the grant date exceeds 150% of grant date closing price; then, at rate of 25% on each anniversary of grant date.
F3: Payment of tax liability by withholding securities incident to vesting of restricted stock units.
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