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

Mar 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2019-03-20

Reporting Person: Deklich Dejan (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-20	Common Stock	M	24979	—	Acquired	44773	Direct
2019-03-20	Common Stock	F	8637	—	Disposed	36136	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-20	Restricted Stock Units	$0.0	A	6754	Acquired	2020-03-20	Common Stock (6754.0)	Direct
2019-03-20	Restricted Stock Units	$0.0	M	24979	Disposed	2020-03-20	Common Stock (24979.0)	Direct

Footnotes

F1: Shares were issued pursuant to an award previously reported on a Form 3 (filed September 7, 2017) as an award of restricted stock units for 36,451 shares of common stock. As previously reported, the award vests in two installments, with the number of shares issuable in each installment determined based on total shareholder return (TSR) of the company's common stock relative to the Russell 2000 during the relevant performance period. The target number of shares issuable on the two vesting dates were 18,225 and 18,226 shares, respectively. On March 20, 2019, the first installment of units vested at 137.06% of target, such that a total of 24,979 shares were issued, which represents 6,754 shares in excess of target.

F2: Represents shares of common stock withheld to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of an equity award, as reported in the line above.

F3: Represents the number of shares issuable at target upon vesting of the remaining units subject to this award. See footnote 1 above.