SEC Form 4 · accession 0001023731-16-000036
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Puneet Arora
Officer — SVP Global Sales
Period of report
Jan 12, 2016
Accepted (ET)
Jan 14, 2016 · 9:50 pm EST
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 | Jan 12, 2016 | M | 8,681 | $11.08 | A | 8,681 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 12, 2016 | M | 8,681 | D | — | Jan 12, 2019 | Common Stock | 8,681 | 120,771 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- F2This award vests at the rate of one-fourth of such shares at January 12, 2016, one-fourth of such shares at January 12, 2017, one-fourth of such shares at January 12, 2018 and one-fourth of such shares at January 12, 2019.