SEC Form 4 · accession 0001023731-18-000002
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dejan Deklich
Officer — Chief Product Officer
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 8:34 pm EST
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 | Feb 13, 2018 | J | 7,776 | $17.75 | A | 7,776 | 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 UnitF2,F3 | — | Feb 13, 2018 | J | 7,776 | D | — | Feb 13, 2021 | Common Stock | 7,776 | 92,304 | D |
| Restricted Stock UnitF2,F3 | — | Feb 13, 2018 | F | 4,435 | D | — | Feb 13, 2021 | Common Stock | 4,435 | 87,869 | D |
Explanation of responses
- F17,776 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 February 13, 2018, one-fourth of such at February 13, 2019, one-fourth of such at February 13, 2020, and one-fourth of such at February 13, 2021.
- F4Payment of tax liability by withholding securities incident to vesting of restricted stock units.