Filing Details

Accession Number:
0001023731-20-000167
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-27 16:27:53
Reporting Period:
2020-10-23
Accepted Time:
2020-10-27 16:27:53
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 Yes 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 2020-10-23 1,020 $0.00 52,885 No 4 M Direct
Common Stock Disposition 2020-10-26 359 $16.47 52,526 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 Disposition 2020-10-23 1,020 $0.00 1,020 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,234 2021-10-23 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 430,800 Indirect Trust
Footnotes
  1. 1,020 Restricted Stock Units (RSU's) became fully vested and have converted to Common Stock.
  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. Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
  5. 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.