8X8 INC /DE/ — Director's Dealing 2019

Sep 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2019-09-19

Reporting Person: MARTIN BRYAN R (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-19	Common Stock	M	4693	—	Acquired	148533	Indirect
2019-09-19	Common Stock	F	2128	$23.89	Disposed	146405	Indirect
2019-09-19	Common Stock	M	7694	—	Acquired	154099	Indirect
2019-09-19	Common Stock	M	7694	—	Acquired	161793	Indirect
2019-09-19	Common Stock	F	6978	$23.89	Disposed	154815	Indirect
2019-09-20	Common Stock	M	6448	—	Acquired	161263	Indirect
2019-09-20	Common Stock	F	2924	$23.42	Disposed	158339	Indirect
2019-09-20	Common Stock	M	4804	—	Acquired	163143	Indirect
2019-09-20	Common Stock	M	4804	—	Acquired	167947	Indirect
2019-09-20	Common Stock	F	4357	$23.42	Disposed	163590	Indirect
2019-09-20	Common Stock	M	4804	—	Acquired	168394	Indirect
2019-09-20	Common Stock	M	4804	—	Acquired	173198	Indirect
2019-09-20	Common Stock	F	4837	$23.42	Disposed	168361	Indirect
2019-09-22	Common Stock	M	9282	—	Acquired	177643	Indirect
2019-09-22	Common Stock	F	4492	$23.42	Disposed	173151	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-19	Restricted Stock Unit	$	M	4693	Disposed	2021-09-19	Common Stock (4693.0)	Direct
2019-09-19	Performance Stock Units	$	M	7694	Disposed	2020-09-19	Common Stock (7694.0)	Direct
2019-09-20	Restricted Stock Unit	$	M	6448	Disposed	2020-09-20	Common Stock (6448.0)	Direct
2019-09-20	Performance Stock Units	$	M	4804	Disposed	2019-09-20	Common Stock (4804.0)	Direct
2019-09-20	Performance Stock Units	$	M	4804	Disposed	2019-09-20	Common Stock (4804.0)	Direct
2019-09-22	Restricted Stock Unit	$	M	9282	Disposed	2019-09-22	Common Stock (9282.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	286888	Direct

Footnotes

F1: Includes 194 shares purchased on January 31, 2019 and 190 shares purchased on July 31, 2019 pursuant to the company's Employee Stock Purchase Plan (ESPP).

F2: 4,693 Restricted Stock Units became fully vested and have been converted to Common Stock.

F3: Through the Martin Family Trust Dated August 3, 2000.

F4: Payment of tax liability by withholding securities incident to vesting of restricted stock units.

F5: As previously reported on a Form 4, the reporting person was awarded 15,388 performance share units (PSUs) on September 19, 2017, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 19, 2019, the first installment of 7,694 PSUs vested at 200% of target, such that 15,386 shares became issuable. Of these 8,410 were issued to the reporting person and the remaining 6,978 were withheld to pay the associated tax liability. The 7,694 shares of common stock reported in Table I correspond to the additional shares issued in excess of 7,694 share target for the first vesting installment.

F6: Payment of tax liability by withholding securities incident to vesting of performance stock units.

F7: 6,448 Restricted Stock Units became fully vested and have been converted to Common Stock.

F8: As previously reported on a Form 4, the reporting person was awarded 9,608 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, 2019, the second installment of 4,804 PSUs vested at 200% of target, such that 9,608 shares became issuable. Of these 5,251 were issued to the reporting person and the remaining 4,357 were withheld to pay the associated tax liability. The 4,804 shares of common stock reported in Table I correspond to the additional shares issued in excess of 4,804 share target for the second vesting installment.

F9: 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 September 20, 2018 and September 20, 2019 of the award date. On September 20, 2019, the second installment of 4,804 PSUs vested at 200% of target, such that 9,608 shares became issuable. Of these 4,771 were issued to the reporting person and the remaining 4,837 were withheld to pay the associated tax liability. The 4,804 shares of common stock reported in Table I correspond to the additional shares issued in excess of 4,804 share target for the second vesting installment.

F10: 9,282 Restricted Stock Units became fully vested and have been converted to Common Stock.

F11: Right to receive one or more shares of EGHT Common Stock.

F12: This award vests at the rate of one-fourth of such shares at September 19, 2018, one-fourth of such shares at September 19, 2019, one-fourth of such shares at September 19, 2020 and one-fourth of such shares at September 19, 2021.

F13: This award vests at the rate of one-fourth of such shares at September 17, 2017, one-fourth of such shares at September 17, 2018, one-fourth of such shares at September 17, 2019 and one-fourth of such shares at September 17, 2020.

F14: 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.