Filing Details

Accession Number:
0001023731-22-000101
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-17 16:41:12
Reporting Period:
2022-06-15
Accepted Time:
2022-06-17 16:41:12
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
1632489 David Sipes 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 2022-06-15 38,250 $0.00 570,968 No 4 A Direct
Common Stock Disposition 2022-06-16 18,726 $5.27 552,242 No 4 S Direct
Common Stock Disposition 2022-06-16 20,714 $5.27 531,528 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The reporting person was awarded 103,734 performance share units (PSUs) on June 15, 2021, of which 33% were eligible to vest on each of the first, second and third anniversaries of the award date. On June 15, 2022, the first installment of 34,578 PSUs vested at 110.62% of target, such that 38,250 shares became issuable. Of these shares, 17,536 were issued to the reporting person and the remaining 20,714 were sold to pay the associated tax liability.
  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 previously reported.
  3. Represents shares of common stock automatically sold to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of a performance equity award.