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: Deklich Dejan (EVP, Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-19	Common Stock	M	7039	—	Acquired	8873	Direct
2019-09-19	Common Stock	F	3489	$23.89	Disposed	5384	Direct
2019-09-19	Common Stock	M	11540	—	Acquired	16924	Direct
2019-09-19	Common Stock	M	11540	—	Acquired	28464	Direct
2019-09-19	Common Stock	F	11443	$23.89	Disposed	17021	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-19	Restricted Stock Units	$0.0	M	7039	Disposed	2021-09-19	Common Stock (7039.0)	Direct
2019-09-19	Performance Stock Units	$0.0	M	11540	Disposed	2020-09-17	Common Stock (11540.0)	Direct

Footnotes

F1: 7,039 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: As previously reported on a Form 4, the reporting person was awarded 23,080 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 11,540 PSUs vested at 200% of target, such that 23,080 shares became issuable. Of these 11,637 were issued to the reporting person and the remaining 11,443 were withheld to pay the associated tax liability. The 11,540 shares of common stock reported in Table I correspond to the additional shares issued in excess of 11,540 share target for the first vesting installment.

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

F5: Right to receive one or more shares of EGHT Common Stock.

F6: 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.