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8X8 INC /DE/ — Director's Dealing 2020
Oct 30, 2020
33287_dirs_2020-10-29_03e241fe-23e4-4ce4-994a-3653423be924.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: 2020-10-27
Reporting Person: Zinn Matthew (SVP-GC,Secretary and CPO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-27 | Common Stock | M | 11498 | — | Acquired | 47758 | Direct |
| 2020-10-28 | Common Stock | S | 4185 | $15.7958 | Disposed | 43573 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-27 | Performance Stock Units | $ | M | 11498 | Disposed | 2021-10-23 | Common Stock (11498.0) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F2: Represents shares of common stock automatically sold to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of an equity award, as reported in the line above.
F3: As previously reported on a Form 4, the reporting person was awarded 34,313 performance share units (PSUs) on October 23, 2018, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. The first installment of 17,157 shares vested at less than target, such that 11,498 shares became issuable.