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: Hakeman Darren J. (SVP-Strategy,Analytics&CorpDev)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-20	Common Stock	M	6448	—	Acquired	67653	Direct
2018-09-20	Common Stock	F	3067	$21.75	Disposed	64586	Direct
2018-09-20	Common Stock	M	7249	—	Acquired	71835	Direct
2018-09-20	Common Stock	F	3449	$21.75	Disposed	68386	Direct
2018-09-20	Common Stock	M	7249	—	Acquired	75635	Direct
2018-09-20	Common Stock	F	3449	$21.75	Disposed	72186	Direct
2018-09-22	Common Stock	M	9282	—	Acquired	81468	Direct
2018-09-22	Common Stock	F	4416	$21.2	Disposed	77052	Direct
2018-09-22	Common Stock	M	14020	—	Acquired	91072	Direct
2018-09-22	Common Stock	F	6920	$21.2	Disposed	84152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-20	Restricted Stock Unit	$	M	6448	Disposed	2020-09-20	Common Stock (6448)	Direct
2018-09-20	Restricted Stock Unit	$	J	2445	Acquired	2018-09-20	Common Stock (2445)	Direct
2018-09-20	Restricted Stock Unit	$	M	7249	Disposed	2021-09-20	Common Stock (7249)	Direct
2018-09-20	Restricted Stock Unit	$	J	2445	Acquired	2018-09-20	Common Stock (2445)	Direct
2018-09-20	Restricted Stock Unit	$	M	7249	Disposed	2019-09-20	Common Stock (7249)	Direct
2018-09-22	Restricted Stock Unit	$	M	9282	Disposed	2019-09-22	Common Stock (9282)	Direct
2018-09-22	Restricted Stock Unit	$	J	7010	Acquired	2018-09-22	Common Stock (7010)	Direct
2018-09-22	Restricted Stock Unit	$	M	14020	Disposed	2018-09-22	Common Stock (14020)	Direct

Footnotes

F1: 6,448 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: 7,249 Restricted Stock Units became fully vested and have been converted to Common Stock.

F4: 9,282 Restricted Stock Units became fully vested and have been converted to Common Stock.

F5: 14,020 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: 19. As previously reported on a Form 4, the reporting person was awarded 9,608 performance share units (PSUs) on September 26, 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 4,804 PSUs vested at 150.9 % of target, such that 7,249 shares became issuable. Of these shares, 3,800 were issued to the reporting person and the remaining 3,449 were withheld to pay the associated tax liability. The 2,445 units reported in Table II correspond to the additional shares issued in excess of 4,804 share target for the first vesting installment.

F8: 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.

F9: As previously reported on a Form 4, the reporting person was awarded 14,020 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 7,010 PSUs vested at 200.0% of target, such that 14,020 shares became issuable. Of these shares, 7,100 were issued to the reporting person and the remaining 6,920 were withheld to pay the associated tax liability. The 7,010 units reported in Table II correspond to the additional shares issued in excess of 7,010 share target for the second vesting installment.

F10: 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.