Filing Details
- Accession Number:
- 0001023731-21-000237
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-10-27 18:01:36
- Reporting Period:
- 2021-10-25
- Accepted Time:
- 2021-10-27 18:01:36
- 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 |
---|---|---|---|---|---|---|---|
1326702 | Matthew Zinn | C/O 8X8, Inc. 675 Creekside Way Campbell CA 95008 | Svp-Clo, Secretary | 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 | 2021-10-25 | 10,693 | $0.00 | 85,597 | No | 4 | M | Direct | |
Common Stock | Disposition | 2021-10-26 | 5,369 | $22.89 | 80,228 | 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 | 2021-10-25 | 10,693 | $0.00 | 10,693 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,463 | 2021-10-23 | No | 4 | M | Direct |
Footnotes
- 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 restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- RSUs vest (1) 50% on October 23, 2020 and (2) 50% on October 23, 2021, in each case subject to performance of 8x8's common stock relative to the Russell 2000 Index during the period from grant date through such vesting date. As previously reported on a Form 4, the reporting person was awarded 34,313 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 second installment of 17,156 shares vested at less than target, such that 10,693 shares became issuable.