SEC Form 4 · accession 0001023731-18-000028
8X8 INC /DE/ · EGHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy L Hecker Jr.
Director
Period of report
Aug 10, 2018
Accepted (ET)
Aug 13, 2018 · 5:58 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 | Aug 10, 2018 | M | 13,409 | $22.40 | A | 1,195,840 | 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 UnitF1,F2 | — | Aug 10, 2018 | M | 13,409 | D | — | Aug 10, 2018 | Common Stock | 13,409 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- F2Award shall vest as to 100% of the shares subject to the award on the later of (a) the date of the director's completion of Board service and (b) 12 months from the date of grant of such award, in each case subject to the director's completion of Board service.