SEC Form 4 · accession 0001023731-17-000049

· EGHT

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

Reporting owner

Officer — Chief Executive Officer

Period of report

Oct 21, 2017

Accepted (ET)

Oct 24, 2017 · 8:02 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, 2017	J	14,635	$12.40	A	630,061	D
Common Stock	Oct 21, 2017	J	18,023	$12.40	A	648,084	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, 2017	J	14,635	D	—	Oct 21, 2018	Common Stock	14,635	786,152	D
Restricted Stock Unit^F3,F4	—	Oct 21, 2017	F	14,258	D	—	Oct 21, 2018	Common Stock	14,258	771,894	D
Restricted Stock Unit^F3,F6	—	Oct 21, 2017	J	18,023	D	—	Oct 21, 2018	Common Stock	18,023	753,871	D
Restricted Stock Unit^F3,F6	—	Oct 21, 2017	F	17,560	D	—	Oct 21, 2018	Common Stock	17,560	736,311	D

F114,635 Restricted Stock Units became fully vested and have been converted to Common Stock.
F218,023 Performance-based 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 at October 21, 2016, one-fourth of such at October 21, 2017, and one-fourth of such at October 21, 2018.
F5Payment of tax liability by withholding securities incident to vesting of restricted stock units.
F6PSUs 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.