GENOVESE MARY ELLEN P 4

Accession 0001023731-18-000038

CIK 0001023731other

View on SEC.gov Company Profile

Filed

Sep 23, 8:00 PM ET

Accepted

Sep 24, 8:35 PM ET

Size

30.8 KB

Accession

0001023731-18-000038

Insider Transaction Report

Form 4

Period: 2018-09-20

8X8 INC /DE/EGHT

GENOVESE MARY ELLEN P

Chief Financial Officer

Transactions

Tax Payment
Common Stock
2018-09-20$21.75/sh−4,845$105,379→ 159,437 total
Tax Payment
Common Stock
2018-09-20$21.75/sh−13,345$290,254→ 173,009 total
Exercise/Conversion
Common Stock
2018-09-22+13,923→ 186,932 total
Other
Restricted Stock Unit
2018-09-20+9,079→ 221,469 total
From: 2018-09-20Exp: 2019-09-20→ Common Stock (9,079 underlying)
Exercise/Conversion
Restricted Stock Unit
2018-09-20−26,917→ 194,552 total
Exp: 2019-09-20→ Common Stock (26,917 underlying)
Exercise/Conversion
Restricted Stock Unit
2018-09-22−13,923→ 180,629 total
Exp: 2019-09-22→ Common Stock (13,923 underlying)
Exercise/Conversion
Common Stock
2018-09-20+11,975→ 164,282 total
Exercise/Conversion
Common Stock
2018-09-20+26,917→ 186,354 total
Tax Payment
Common Stock
2018-09-22$21.20/sh−6,903$146,344→ 180,029 total
Exercise/Conversion
Common Stock
2018-09-22+21,028→ 201,057 total
Exercise/Conversion
Restricted Stock Unit
2018-09-20−11,975→ 212,390 total
Exp: 2020-09-20→ Common Stock (11,975 underlying)
Exercise/Conversion
Restricted Stock Unit
2018-09-22−21,028→ 170,115 total
Exp: 2018-09-22→ Common Stock (21,028 underlying)
Tax Payment
Common Stock
2018-09-22$21.20/sh−10,425$221,010→ 190,632 total
Other
Restricted Stock Unit
2018-09-22+10,514→ 191,143 total
From: 2018-09-22Exp: 2018-09-22→ Common Stock (10,514 underlying)

Footnotes (10)

[F1]11,975 Restricted Stock Units became fully vested and have been converted to Common Stock.
[F10]As previously reported on a Form 4, the reporting person was awarded 21,028 performance share units (PSUs) on September 22, 2015, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 22, 2018, the second installment of 21,028 PSUs vested at 200.0% of target, such that 10,514 shares became issuable. Of these shares, 10,603 were issued to the reporting person and the remaining 10,425 were withheld to pay the associated tax liability. The 10,514 units reported in Table II correspond to the additional shares issued in excess of 10,514 share target for the second vesting installment.
[F2]Payment of tax liability by withholding securities incident to vesting of restricted stock units
[F3]26,917 Restricted Stock Units became fully vested and have been converted to Common Stock.
[F4]13,923 Restricted Stock Units became fully vested and have been converted to Common Stock.
[F5]21,028 Restricted Stock Units became fully vested and have been converted to Common Stock.
[F6]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
[F7]This award vests at the rate of one-fourth of such shares at September 19, 2017, one-fourth of such shares at September 19, 2018, one-fourth of such shares at September 19, 2019 and one-fourth of such shares at September 19, 2020.
[F8]As previously reported on a Form 4, the Reporting person was awarded 35,676 performance share units (PSUs) on September 20, 2016, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 20, 2018, the first installment of 17,838 PSUs vested at 150.9% of target, such that 26,917 shares became issuable. Of these shares 13,572 were issued to the reporting person and the remaining 13,345 were withheld to pay the associated tax liability. The 9,079 units reported in Table II correspond to the additional shares issued in excess of 17,838 share target for the first vesting installment.
[F9]This award vests at the rate of one-fourth of such shares at September 22, 2016, one-fourth of such shares at September 22, 2017, one-fourth of such shares at September 22, 2018 and one-fourth of such shares at September 22, 2019.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

8X8 INC /DE/

CIK 0001023731

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Entity typeother

Related Parties

filerCIK 0001242007

Filing Metadata

Form type: 4
Filed: Sep 23, 8:00 PM ET
Accepted: Sep 24, 8:35 PM ET
Size: 30.8 KB

View on SEC.gov