SEC Form 4 · accession 0001023731-16-000057
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy L Hecker Jr.
Director
Period of report
Aug 29, 2016
Accepted (ET)
Aug 30, 2016 · 3:13 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 | Aug 29, 2016 | M | 100,000 | $1.27 | A | 1,170,599 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-employee Stock Option (right to buy)F1 | $1.27 | Aug 29, 2016 | M | 100,000 | D | — | Oct 24, 2016 | Common Stock | 100,000 | 1,070,599 | D |
Explanation of responses
- F1The option becomes exercisable at the rate of 1/48th of the shares on 11/24/2006 and at the end of each full month thereafter.