Filing Details
- Accession Number:
- 0001023731-20-000035
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-24 16:34:34
- Reporting Period:
- 2020-03-20
- Accepted Time:
- 2020-03-24 16:34:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1023731 | 8X8 Inc | EGHT | Services-Computer Processing & Data Preparation (7374) | 770142404 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1716473 | Dejan Deklich | C/O 8X8, Inc 675 Creekside Way Campbell CA 95070 | Evp, Chief Product Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-03-20 | 22,962 | $0.00 | 49,438 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-03-20 | 7,981 | $14.16 | 41,457 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Acquisiton | 2020-03-20 | 4,736 | $0.00 | 4,736 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2020-03-20 | 22,962 | $0.00 | 22,962 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 22,962 | 2019-03-20 | 2020-03-20 | No | 4 | A | Direct |
| 0 | 2019-03-20 | 2020-03-20 | No | 4 | M | Direct |
Footnotes
- Shares were issued pursuant to an award previously reported on a Form 3 (filed September 7, 2017) as an award of restricted stock units for 36,451 shares of common stock. As previously reported, the award vests in two installments, with the number of shares issuable in each installment determined based on total shareholder return (TSR) of the company's common stock relative to the Russell 2000 during the relevant performance period. The target number of shares issuable on the two vesting dates were 18,225 and 18,226 shares, respectively. On March 20, 2020, the second installment of units vested at 125.99% of target, such that a total of 22,962 shares were issued, which represents 4,736 shares in excess of target.
- 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.
- Each RSU represents a contingent right to receive a share of 8x8 common stock.
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