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8X8 INC /DE/ — Director's Dealing 2018
Apr 4, 2018
33287_dirs_2018-04-03_691a1a5c-a3ab-426f-9960-d841674a4289.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: 2018-03-31
Reporting Person: Hakeman Darren J. (SVP-Strategy,Analytics&CorpDe)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-31 | Common Stock | J | 1689 | $18.65 | Acquired | 64575 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-31 | Restricted Stock Unit | $ | J | 1689 | Disposed | 2018-03-31 | Common Stock (1689) | Direct |
| 2018-03-31 | Restricted Stock Unit | $ | F | 1775 | Disposed | 2018-03-31 | Common Stock (1775) | Direct |
Footnotes
F1: 1,689 Restricted Stock Units became fully vested and have been converted to Common Stock.
F2: Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F3: RSUs vest (1) up to 25% on March 31, 2016; (2) up to 50% on March 31, 2017; and (3) up to 25% on March 31, 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.
F4: Payment of tax liability by withholding securities incident to vesting of restricted stock units.