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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.