SEC Form 4 · accession 0001023731-16-000086
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
Oct 21, 2016
Accepted (ET)
Oct 25, 2016 · 3:51 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 21, 2016 | J | 8,328 | $14.97 | A | 1,190,759 | 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 UnitF3,F2 | — | Oct 21, 2016 | J | 8,328 | D | — | Oct 21, 2024 | Common Stock | 8,328 | 1,182,431 | D |
Explanation of responses
- F18,328 Restricted Stock Units became fully vested and have been converted to Common Stock.
- F2This award vests at the rate of one-fourth of such shares at October 21, 2015, one-fourth of such shares at October 21, 2016, one-fourth of such shares at October 21, 2017 and one-fourth of such shares at October 21, 2018.
- F3Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.