8X8 INC /DE/ — Director's Dealing 2020

Oct 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2020-10-23

Reporting Person: Verma Vikram (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-23	Common Stock	M	8162	—	Acquired	8162	Direct
2020-10-26	Common Stock	S	4116	$16.472	Disposed	4046	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-23	Restricted Stock Unit	$	M	8162	Disposed	2021-10-23	Common Stock (8162.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1223426	Indirect

Footnotes

F1: 8,162 Restricted Stock Units (RSU's) became fully vested and have converted to 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: Through the Vikram and Sandra Verma 2005 Trust, U/A/D March 20, 2005, as amended.

F4: Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.

F5: RSUs shall vest with respect to one-third (33.3%) of the total number of underlying shares on the first anniversary of the Vesting Commencement Date, then eight and one-third percent (8.3375%) vesting each quarter thereafter, over a period of eight (8) quarters, subject to the participant's continued employment or other association with the Company.