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8X8 INC /DE/ — Director's Dealing 2020
Oct 27, 2020
33287_dirs_2020-10-27_7be5bee5-4cbd-4604-890c-de28d767f54e.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: 2020-10-23
Reporting Person: MARTIN BRYAN R (Director, Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-23 | Common Stock | M | 1020 | — | Acquired | 52885 | Direct |
| 2020-10-26 | Common Stock | S | 359 | $16.472 | Disposed | 52526 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-23 | Restricted Stock Units | $ | M | 1020 | Disposed | 2021-10-23 | Common Stock (1020.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 430800 | Indirect |
Footnotes
F1: 1,020 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 Martin Family Trust Dated August 3, 2000.
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.