8X8 INC /DE/ 4
4 · 8X8 INC /DE/ · Filed Jan 13, 2017
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Arora Puneet
SVP Global Sales
Transactions
- Other
Restricted Stock Unit
2017-01-12−4,976→ 137,418 totalExp: 2019-01-12→ Common Stock (4,976 underlying) - Other
Common Stock
2017-01-12$15.40/sh+4,976$76,630→ 26,253 total - Tax Payment
Restricted Stock Unit
2017-01-12−3,705→ 133,713 totalExp: 2019-01-12→ Common Stock (3,705 underlying)
Footnotes (4)
- [F1]4,976 Restricted Stock Units became fully vested and have been converted to Common Stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- [F3]This award vests at the rate of one-fourth of such shares at January 12, 2016, one-fourth of such shares at January 12,2017, one-fourth of such shares at January 12, 2018 and one-fourth of such shares at January 12, 2019.
- [F4]3,705 Restricted Stock Units became fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Units.