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8X8 INC /DE/ — Director's Dealing 2019
Oct 25, 2019
33287_dirs_2019-10-24_0abcc63b-e0cf-4159-becb-4334b10aaa9b.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: 2019-10-23
Reporting Person: Verma Vikram (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-10-23 | Common Stock | M | 32746 | — | Acquired | 1098440 | Indirect |
| 2019-10-23 | Common Stock | F | 16815 | $19.04 | Disposed | 1081625 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-23 | Restricted Stock Unit | $ | M | 32746 | Disposed | 2021-10-23 | Common Stock (32746.0) | Direct |
Footnotes
F1: 32,746 Restricted Stock Units became fully vested and have been converted to Common Stock.
F2: Through the Vikram and Sandra Verma 2005 Trust, U/A/D March 20, 2005, as amended.
F3: Includes 2,464 shares that were previously reported as directly owned and are now owed by Vikram and Sandra Verma 2005 Trust, U/A/D March 20, 2005, as amended.
F4: Payment of tax liability by withholding securities incident to vesting of restricted stock units.
F5: Right to receive one or more shares of EGHT Common Stock.
F6: RSUs shall vest with respect to one-third (33.3%) of the total number of underlying shares on the first anniversary of the Vesting Commencement Date, then eight and one-third percent (8.33%) vesting each quarter thereafter, over a period of eight quarters, subject to the participant's continued employment or other association with the Company.