SEC Form 4 · accession 0001023731-16-000092

· EGHT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Technology Officer

Period of report

Oct 21, 2016

Accepted (ET)

Oct 25, 2016 · 9:03 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	3,854	$14.97	A	1,082,563	D
Common Stock	Oct 21, 2016	J	1,582	$14.97	A	1,084,145	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F3,F4	—	Oct 21, 2016	J	3,854	D	—	Oct 21, 2024	Common Stock	3,854	1,080,291	D
Restricted Stock Unit^F3,F4	—	Oct 21, 2016	J	4,272	D	—	Oct 21, 2024	Common Stock	4,272	1,076,019	D
Restricted Stock Unit^F3,F7	—	Oct 21, 2016	J	1,582	D	—	Oct 21, 2018	Common Stock	1,582	1,074,437	D
Restricted Stock Unit^F3,F7	—	Oct 21, 2016	J	1,754	D	—	Oct 21, 2018	Common Stock	1,754	1,072,683	D

F13,854 Restricted Stock Units became fully vested and have been converted to Common Stock.
F21,582 Restricted Stock Units became fully vested and have been converted to Common Stock.
F3Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F4This 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.
F54,272 Restricted Stock Units became fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Units.
F61,754 Restricted Stock Units became fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Units.
F7RSUs do not vest unless and until average closing price of 8x8 common stock over any 30 consecutive trading day period within 4 years from the grant date exceeds 150% of grant date closing price; then, at rate of 25% on each anniversary of grant date.