SEC Form 4 · accession 0001023731-16-000038
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
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 9:34 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 | Feb 5, 2016 | M | 100 | $1.27 | A | 1,150,593 | D | |
| Common Stock | Feb 5, 2016 | S | 100 | $12.27 | D | 1,150,493 | 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 | $1.27 | Feb 5, 2016 | M | 100 | D | — | Oct 24, 2016 | Common Stock | 100 | 1,150,493 | D |
Explanation of responses
- F1The employee stock option (right to buy) is due to expire on October 24, 2016.
- F2This option becomes exercisable at the rate of one forty-eighth of the shares on 11/24/2006 and at the end of each full month thereafter.