SEC Form 4 · accession 0001023731-18-000010
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henrik Gerdes
Officer — Chief Accounting Officer
Period of report
Mar 20, 2018
Accepted (ET)
Apr 17, 2018 · 9:55 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 | Mar 20, 2018 | J | 5,086 | $19.85 | A | 6,243 | 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 | — | Mar 20, 2018 | J | 5,086 | D | — | Mar 20, 2021 | Common Stock | 5,086 | 27,970 | D |
| Restricted Stock UnitF2,F3 | — | Mar 20, 2018 | F | 3,178 | D | — | Mar 20, 2021 | Common Stock | 3,178 | 24,792 | D |
Explanation of responses
- F15,086 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 March 20, 2018, one-fourth of such at March 20, 2019, one-fourth of such at March 20, 2020, and one-fourth of such at March 20, 2021.
- F4Payment of tax liability by selling securities incident to vesting of restricted stock units.