8X8 INC /DE/ 4
4 · 8X8 INC /DE/ · Filed Jul 5, 2017
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Arora Puneet
SVP Global Sales
Transactions
- Tax Payment
Restricted Stock Unit
2017-06-30−4,171→ 117,267 totalExercise: $0.00Exp: 2018-06-30→ Common Stock (4,171 underlying) - Exercise/Conversion
Common Stock
2017-06-30$14.55/sh+6,930$100,832→ 38,352 total - Exercise/Conversion
Restricted Stock Unit
2017-06-30−6,930→ 121,438 totalExercise: $0.00Exp: 2018-06-30→ Common Stock (6,930 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- [F2]RSUs vest (1) up to 25% on June 30, 2016; (2) up to 50% on June 30, 2017; and (3) up to 25% on June 30, 2018 in each case subject to performance of 8x8 common stock relative to NASDAQ Composite Index during the period from grant date through such dates.
- [F3]Payment of tax liability by withholding securities incident to vesting of performance restricted stock units.