SEC Form 4 · accession 0001023731-16-000083
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
Oct 13, 2016
Accepted (ET)
Oct 17, 2016 · 9:46 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 | Oct 13, 2016 | J | 10,356 | $14.24 | A | 1,094,510 | 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 UnitsF2,F3 | — | Oct 13, 2016 | J | 10,356 | D | — | Sep 17, 2017 | Common Stock | 10,356 | 1,084,154 | D |
| Restricted Stock UnitsF2,F3 | — | Oct 13, 2016 | F | 5,445 | D | — | Sep 17, 2017 | Common Stock | 5,445 | 1,078,709 | D |
Explanation of responses
- F110,356 Restricted Stock Units became fully vested and have been converted to Common Stock
- F2Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- F3This award vests at the rate of one-fourth of such shares at September 22, 2014, one-fourth of such at September 22, 2015, one-fourth of such at September 22, 2016, and one-fourth of such at September 22, 2017.
- F45,445 Restricted Stock Units became fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Units.