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: GENOVESE MARY ELLEN P (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-20	Common Stock	M	11975	—	Acquired	164282	Direct
2018-09-20	Common Stock	F	4845	$21.75	Disposed	159437	Direct
2018-09-20	Common Stock	M	26917	—	Acquired	186354	Direct
2018-09-20	Common Stock	F	13345	$21.75	Disposed	173009	Direct
2018-09-22	Common Stock	M	13923	—	Acquired	186932	Direct
2018-09-22	Common Stock	F	6903	$21.2	Disposed	180029	Direct
2018-09-22	Common Stock	M	21028	—	Acquired	201057	Direct
2018-09-22	Common Stock	F	10425	$21.2	Disposed	190632	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-20	Restricted Stock Unit	$	M	11975	Disposed	2020-09-20	Common Stock (11975)	Direct
2018-09-20	Restricted Stock Unit	$	J	9079	Acquired	2019-09-20	Common Stock (9079)	Direct
2018-09-20	Restricted Stock Unit	$	M	26917	Disposed	2019-09-20	Common Stock (26917)	Direct
2018-09-22	Restricted Stock Unit	$	M	13923	Disposed	2019-09-22	Common Stock (13923)	Direct
2018-09-22	Restricted Stock Unit	$	J	10514	Acquired	2018-09-22	Common Stock (10514)	Direct
2018-09-22	Restricted Stock Unit	$	M	21028	Disposed	2018-09-22	Common Stock (21028)	Direct

Footnotes

F1: 11,975 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: 26,917 Restricted Stock Units became fully vested and have been converted to Common Stock.

F4: 13,923 Restricted Stock Units became fully vested and have been converted to Common Stock.

F5: 21,028 Restricted Stock Units became fully vested and have been converted to Common Stock.

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

F7: This award vests at the rate of one-fourth of such shares at September 19, 2017, one-fourth of such shares at September 19, 2018, one-fourth of such shares at September 19, 2019 and one-fourth of such shares at September 19, 2020.

F8: As previously reported on a Form 4, the Reporting person was awarded 35,676 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 17,838 PSUs vested at 150.9% of target, such that 26,917 shares became issuable. Of these shares 13,572 were issued to the reporting person and the remaining 13,345 were withheld to pay the associated tax liability. The 9,079 units reported in Table II correspond to the additional shares issued in excess of 17,838 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 21,028 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 21,028 PSUs vested at 200.0% of target, such that 10,514 shares became issuable. Of these shares, 10,603 were issued to the reporting person and the remaining 10,425 were withheld to pay the associated tax liability. The 10,514 units reported in Table II correspond to the additional shares issued in excess of 10,514 share target for the second vesting installment.