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

Sep 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 8X8 INC /DE/ (EGHT)
CIK: 0001023731
Period of Report: 2020-09-22

Reporting Person: Deklich Dejan (EVP, Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-22	Common Stock	M	11540	—	Acquired	132021	Direct
2020-09-22	Common Stock	M	1794	—	Acquired	133815	Direct
2020-09-23	Common Stock	S	6731	$15.3737	Disposed	127084	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-22	Performance Stock Units	$0.0	M	11540	Disposed	2020-09-17	Common Stock (11540.0)	Direct

Footnotes

F1: As previously reported on a Form 4, the reporting person was awarded 23,080 performance share units (PSUs) on September 19, 2017, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 19, 2020, the second installment of 11,540 PSUs vested at 115.55% of target, such that 13,334 shares became issuable. Of these 6,603 were issued to the reporting person and the remaining 6,731 were sold to pay the associated tax liability. The 1,794 shares of common stock reported in Table I correspond to the additional shares issued in excess of the 11,540 share target.

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: Right to receive one or more shares of EGHT Common Stock.