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: Verma Vikram (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-19	Common Stock	M	30031	—	Acquired	916944	Indirect
2019-09-19	Common Stock	F	15420	$23.89	Disposed	901524	Indirect
2019-09-19	Common Stock	M	73848	—	Acquired	975372	Indirect
2019-09-19	Common Stock	M	73848	—	Acquired	1049220	Indirect
2019-09-19	Common Stock	F	75841	$23.89	Disposed	973379	Indirect
2019-09-20	Common Stock	M	26529	—	Acquired	999908	Indirect
2019-09-20	Common Stock	F	13622	$23.42	Disposed	986286	Indirect
2019-09-20	Common Stock	M	59276	—	Acquired	1045562	Indirect
2019-09-20	Common Stock	M	59276	—	Acquired	1104838	Indirect
2019-09-20	Common Stock	F	60876	$23.42	Disposed	1043962	Indirect
2019-09-22	Common Stock	M	39604	—	Acquired	1083566	Indirect
2019-09-22	Common Stock	F	20336	$23.42	Disposed	1063230	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-19	Restricted Stock Unit	$	M	30031	Disposed	2021-09-19	Common Stock (30031.0)	Direct
2019-09-19	Performance Stock Units	$	M	73848	Disposed	2020-09-19	Common Stock (73848.0)	Direct
2019-09-20	Restricted Stock Unit	$	M	26529	Disposed	2020-09-20	Common Stock (26529.0)	Direct
2019-09-20	Performance Stock Units	$	M	59276	Disposed	2019-09-20	Common Stock (59276.0)	Direct
2019-09-22	Restricted Stock Unit	$	M	39604	Disposed	2019-09-22	Common Stock (39604.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2464	Direct

Footnotes

F1: 30,031 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: Payment of tax liability by withholding securities incident to vesting of restricted stock units.

F4: As previously reported on a Form 4, the reporting person was awarded 147,696 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 73,848 PSUs vested at 200 % of target, such that 147,696 shares became issuable. Of these shares, 71,855 were issued to the reporting person and the remaining 75,841 were withheld to pay the associated tax liability. The 73,848 units reported in Table I correspond to the additional shares issued in excess of 73,848 share target for the first vesting installment.

F5: Payment of tax liability by withholding securities incident to vesting of performance stock units.

F6: 26,529 Restricted Stock Units became fully vested and have been converted to Common Stock.

F7: As previously reported on a Form 4, the reporting person was awarded 118,552 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 59,276 PSUs vested at 200% of target, such that 118,552 shares became issuable. Of these 57,676 were issued to the reporting person and the remaining 60,876 were withheld to pay the associated tax liability. The 59,276 shares of common stock reported in Table I correspond to the additional shares issued in excess of 59,276 share target for the second vesting installment.

F8: 39,604 Restricted Stock Units became fully vested and have been converted to Common Stock.

F9: Right to receive one or more shares of EGHT Common Stock.

F10: 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.

F11: This award vests at the rate of one-fourth of such shares at September 20, 2017, one-fourth of such shares at September 20, 2018, one-fourth of such shares at September 20, 2019 and one-fourth of such shares at September 20, 2020.

F12: 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.