Arora Puneet 4
4 · 8X8 INC /DE/ · Filed Sep 22, 2017
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Arora Puneet
SVP Global Sales
Transactions
- Tax Payment
Restricted Stock Unit
2017-09-20−2,251→ 131,773 totalExp: 2020-09-20→ Common Stock (2,251 underlying) - Other
Common Stock
2017-09-20$13.65/sh+3,739$51,037→ 43,898 total - Other
Restricted Stock Unit
2017-09-20−3,739→ 134,024 totalExp: 2020-09-20→ Common Stock (3,739 underlying)
Footnotes (4)
- [F1]3,739 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 September 20, 2017, one-fourth of such shares at September 20, 2018, one-fourth of such shares at September 20, 2019 and one-fourth of such shares at September 20, 2020.
- [F4]2,251 Restricted Stock Units became fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Unit.