SEC Form 4 · accession 0001023731-16-000051
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian Potter
Director
Period of report
Jul 22, 2016
Accepted (ET)
Jul 26, 2016 · 8:59 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 22, 2016 | M | 17,178 | $15.02 | A | 55,506 | 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 | — | Jul 22, 2016 | M | 17,178 | D | — | Jul 22, 2016 | Common Stock | 17,178 | 29,278 | D |
| Restricted Stock UnitsF1,F2 | — | Jul 22, 2016 | F | 4,294 | D | — | Jul 22, 2016 | Common Stock | 4,294 | 24,984 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- F2This award vests 100% on the completion of the current board service year or July 22, 2016.
- F3Payment of tax liability by withholding securities incident to vesting of restricted stock units.