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8X8 INC /DE/ Director's Dealing 2018

Oct 24, 2018

33287_dirs_2018-10-23_246f67e8-fdf3-4626-b533-e6792c95c936.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: 2018-10-21

Reporting Person: Verma Vikram (Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-10-21 Common Stock M 35583 Acquired 878099 Direct
2018-10-21 Common Stock F 19339 $17.81 Disposed 858760 Direct
2018-10-21 Common Stock M 28893 Acquired 887653 Direct
2018-10-21 Common Stock F 15703 $17.81 Disposed 871950 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-10-21 Restricted Stock Unit $ M 35583 Disposed 2018-10-21 Common Stock (35583) Direct
2018-10-21 Restricted Stock Unit $ M 28893 Disposed 2018-10-21 Common Stock (28893) Direct

Footnotes

F1: Payment of tax liability by withholding securities incident to vesting of restricted stock units

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

F3: 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.

F4: This award vests at the rate of one-fourth of such shares at October 21, 2015, one-fourth of such shares at October 21, 2016, one-fourth of such shares at October 21, 2017 and one-fourth of such shares at October 21, 2018.