Filing Details

Accession Number:
0001023731-20-000145
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-24 16:45:23
Reporting Period:
2020-09-22
Accepted Time:
2020-09-24 16:45:23
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
1085676 R Bryan Martin C/O 8X8, Inc.
675 Creekside Way
Campbell CA 95008
Chief Technology 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 2020-09-22 7,694 $0.00 307,872 No 4 M Direct
Common Stock Acquisiton 2020-09-22 1,196 $0.00 309,068 No 4 M Direct
Common Stock Disposition 2020-09-23 3,130 $15.37 305,938 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 Performance Stock Units Disposition 2020-09-22 7,694 $0.00 7,694 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-09-19 2020-09-19 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 176,554 Indirect Trust
Footnotes
  1. As previously reported on a Form 4, the reporting person was awarded 15,388 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 7,694 PSUs vested at 115.55% of target, such that 8,890 shares became issuable. Of these 5,760 were issued to the reporting person and the remaining 3,130 were sold to pay the associated tax liability. The 1,196 shares of common stock reported in Table I correspond to the additional shares issued in excess of the 7,694 share target.
  2. 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.
  3. Through the Martin Family Trust Dated August 3, 2000.
  4. Right to receive one or more shares of EGHT Common Stock.