SEC Form 4 · accession 0001023731-18-000015
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
May 31, 2018
Accepted (ET)
Jun 1, 2018 · 4:55 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 | May 31, 2018 | J | 3,660 | $18.70 | A | 3,660 | 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 | — | May 31, 2018 | A | 5,594 | A | — | May 31, 2018 | Common Stock | 5,594 | 93,463 | D |
| Restricted Stock UnitF2,F3 | — | May 31, 2018 | J | 3,660 | D | — | May 31, 2018 | Common Stock | 3,660 | 89,803 | D |
| Restricted Stock UnitF2,F3 | — | May 31, 2018 | F | 1,934 | D | — | May 31, 2018 | Common Stock | 1,934 | 87,869 | D |
Explanation of responses
- F13,660 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.
- F3Reporting person elected to receive quarterly and annual bonus payments in stock, as authorized by the issuer's compensation committee. Number of shares was determined by dividing bonus amount by stock closing price on May 31, 2018. Shares vest immediately.
- F4Payment of tax liability by withholding securities incident to vesting of restricted stock units.