Filing Details

Accession Number:
0001023731-20-000189
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-29 19:29:59
Reporting Period:
2020-10-27
Accepted Time:
2020-10-29 19:29:59
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
1539401 Vikram Verma C/O 8X8, Inc.
675 Creekside Way
Campbell CA 95008
Chief Executive 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 2020-10-27 49,279 $0.00 53,325 No 4 M Direct
Common Stock Disposition 2020-10-28 25,710 $15.80 27,615 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 Performance Stock Units Disposition 2020-10-27 49,279 $0.00 49,279 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
73,529 2021-10-23 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,223,426 Indirect Trust
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of EGHT 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 Vikram and Sandra Verma 2005 Trust, U/A/D March 20, 2005, as amended.
  4. As previously reported on a Form 4, the reporting person was awarded 147,058 performance share units (PSUs) on October 23, 2018, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. The first installment of 73,529 shares vested at less than target, such that 49,279 shares became issuable.