Filing Details

Accession Number:
0001023731-22-000103
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-17 16:42:17
Reporting Period:
2022-06-15
Accepted Time:
2022-06-17 16:42:17
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
1915510 Hunter Middleton C/O 8X8 Inc. 675 Creekside Way
Campbell CA 95008
Chief Product 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 9,563 $0.00 60,030 No 4 A Direct
Common Stock Acquisiton 2022-06-15 5,065 $0.00 65,095 No 4 A Direct
Common Stock Disposition 2022-06-16 5,527 $5.27 59,568 No 4 S Direct
Common Stock Disposition 2022-06-16 3,266 $5.27 56,302 No 4 S Direct
Common Stock Disposition 2022-06-16 457 $5.27 55,845 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The reporting person was awarded 25,933 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 8,645 PSUs vested at 110.62% of target, such that 9,563 shares became issuable. Of these shares, 5,950 were issued to the reporting person and the remaining 3,613 were sold to pay the associated tax liability.
  2. The reporting person was awarded 13,736 performance share units (PSUs) on August 15, 2021, of which 33% were eligible to vest on June 15, 2022 and each of the first and second anniversaries of the first vest date. On June 15, 2022, the first installment of 4,579 PSUs vested at 110.62% of target, such that 5,065 shares became issuable. Of these shares, 3,151 were issued to the reporting person and the remaining 1,914 were sold to pay the associated tax liability.
  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 the performance equity awards, as reported above.
  4. 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.