SEC Form 4 · accession 0001023731-15-000011
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan R Martin
Officer — Chief Technology Officer
Period of report
Jul 30, 2015
Accepted (ET)
Jul 31, 2015 · 6:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023731
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 30, 2015 | M | 97,200 | $1.79 | A | 1,165,110 | D | |
| Common Stock | Jul 30, 2015 | S | 97,200 | $8.488 | D | 1,067,910 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $1.79 | Jul 30, 2015 | M | 97,200 | D | — | Aug 23, 2015 | Common Stock | 97,200 | 1,067,910 | D |
Explanation of responses
- F1The employee stock option (right to buy) is due to expire on August 23, 2015.
- F2This option becomes exercisable at the rate of one forty-eighth of the shares on 9/23/2005 and at the end of each full month thereafter.