SEC Form 4 · accession 0001023731-16-000045
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
May 24, 2016
Accepted (ET)
May 26, 2016 · 9:35 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 | May 24, 2016 | M | 43,142 | $1.27 | A | 1,087,033 | D | |
| Common Stock | May 24, 2016 | S | 43,142 | $12.45 | D | 1,043,891 | 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 | May 24, 2016 | M | 43,142 | D | — | Oct 24, 2016 | Common Stock | 43,142 | 1,043,891 | D |
Explanation of responses
- F1This 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 11/24/20016 and at the end of each full month thereafter.