8X8 INC /DE/ — Director's Dealing 2018

Sep 25, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2018-09-20

Reporting Person: Verma Vikram (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-20	Common Stock	M	26529	—	Acquired	716106	Direct
2018-09-20	Common Stock	F	14418	$21.75	Disposed	701688	Direct
2018-09-20	Common Stock	M	89447	—	Acquired	791135	Direct
2018-09-20	Common Stock	F	48614	$21.75	Disposed	742521	Direct
2018-09-22	Common Stock	M	39604	—	Acquired	782125	Direct
2018-09-22	Common Stock	F	21524	$21.2	Disposed	760601	Direct
2018-09-22	Common Stock	M	179440	—	Acquired	940041	Direct
2018-09-22	Common Stock	F	97525	$21.2	Disposed	842516	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-20	Restricted Stock Unit	$	M	26529	Disposed	2020-09-20	Common Stock (26529)	Direct
2018-09-20	Restricted Stock Unit	$	J	30171	Acquired	2018-09-20	Common Stock (30171)	Direct
2018-09-20	Restricted Stock Unit	$	M	89447	Disposed	2019-09-20	Common Stock (89447)	Direct
2018-09-22	Restricted Stock Unit	$	M	39604	Disposed	2019-09-22	Common Stock (39604)	Direct
2018-09-22	Restricted Stock Unit	$	J	89720	Acquired	2018-09-22	Common Stock (89720)	Direct
2018-09-22	Restricted Stock Unit	$	M	179440	Disposed	2018-09-22	Common Stock (179440)	Direct

Footnotes

F1: 26,529 Restricted Stock Units became fully vested and have been converted to Common Stock.

F2: Payment of tax liability by withholding securities incident to vesting of restricted stock units.

F3: 89,447 Restricted Stock Units became fully vested and have been converted to Common Stock.

F4: 39,604 Restricted Stock Units became fully vested and have been converted to Common Stock.

F5: 179,440 Restricted Stock Units became fully vested and have been converted to Common Stock.

F6: Each restricted sock unit represents a contingent right to receive on share of EGHT common stock.

F7: This award vests at the rate of one-fourth of such shares at September 20, 2017, one-fourth of such shares at September 20, 2018, one-fourth of such shares at September 20, 2019 and one-fourth of such shares at September 20, 2020.

F8: As previously reported on a Form 4, the reporting person was awarded 118,552 performance share units (PSUs) on September 20, 2016, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 20, 2018, the first installment of 59,276 PSUs vested at 150.9 % of target, such that 89,447 shares became issuable. Of these shares, 40,833 were issued to the reporting person and the remaining 48,614 were withheld to pay the associated tax liability. The 30,171 units reported in Table II correspond to the additional shares issued in excess of 59,276 share target for the first vesting installment.

F9: This award vests at the rate of one-fourth of such shares at September 22, 2016, one-fourth of such shares at September 22, 2017, one-fourth of such shares at September 22, 2018 and one-fourth of such shares at September 22, 2019.

F10: As previously reported on a Form 4, the reporting person was awarded 179,440 performance share units (PSUs) on September 22, 2015, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 22, 2018, the second installment of 89,720 PSUs vested at 200.0 % of target, such that 179,440 shares became issuable. Of these shares, 81,915 were issued to the reporting person and the remaining 97,525 were withheld to pay the associated tax liability. The 89,720 units reported in Table II correspond to the additional shares issued in excess of 89,720 share target for the first vesting installment.