8X8 INC /DE/ — Director's Dealing 2015

Jan 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2015-01-20

Reporting Person: Arora Puneet (SVP Global Sales)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-20	Employee Stock Option (right to buy)	$8.93	A	117702	Acquired	2025-01-20	Common Stock (117702)	Direct
2015-01-20	Restricted Stock Units	$	A	34722	Acquired	2025-01-20	Common Stock (34722)	Direct
2015-01-20	Restricted Stock Units	$	A	21381	Acquired	2019-01-20	Common Stock (21381)	Direct
2015-01-20	Restricted Stock Units	$	A	22201	Acquired	2018-06-30	Common Stock (22201)	Direct

Footnotes

F1: This option becomes exercisable at the rate of one-fourth of the shares on 1/20/2016 and an additional one thirty-sixth of the remaining shares shall vest at the end of each full month thereafter.

F2: Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.

F3: This award vests at the rate of one-fourth of such shares at January 20, 2016, one-fourth of such shares at January 20, 2017, one-fourth of such shares at January 20, 2018 and one-fourth of such shares at January 20, 2019.

F4: 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.

F5: RSUs vest (1) up to 25% on June 30, 2016; (2) up to 50% on June 30, 2017; and (3) up to 25% on June 30, 2018 in each case subject to performance of 8x8 common stock relative to NASDAQ Composite Index during the period from grant date through such dates.