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8X8 INC /DE/ Director's Dealing 2020

Oct 27, 2020

33287_dirs_2020-10-27_a9309c6a-27b2-40b7-a346-12857784d631.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: Deklich Dejan (Chief Products Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-10-23 Common Stock M 3673 Acquired 130981 Direct
2020-10-26 Common Stock S 1853 $16.4722 Disposed 129128 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-10-23 Restricted Stock Unit $ M 3673 Disposed 2021-10-23 Common Stock (3673.0) Direct

Footnotes

F1: 3,673 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: Each restricted sock unit represents a contingent right to receive one share of EGHT common stock.

F4: 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.