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
  1. 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.
  2. Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
  3. 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.