Hakeman Darren J. 4
4 · 8X8 INC /DE/ · Filed Oct 23, 2018
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Hakeman Darren J.
SVP Product and Strategy
Transactions
- Tax Payment
Common Stock
2018-10-21$17.81/sh−1,653$29,440→ 85,835 total - Exercise/Conversion
Common Stock
2018-10-21+3,336→ 87,488 total - Exercise/Conversion
Restricted Stock Unit
2018-10-21−3,336→ 75,983 totalExp: 2018-10-21→ Common Stock (3,336 underlying)
Footnotes (3)
- [F1]Payment of tax liability by withholding securities incident to vesting of restricted stock units.
- [F2]Each restricted sock unit represents a contingent right to receive one share of EGHT common stock.
- [F3]RSUs do not vest unless and until average closing price of 8x8 common stock over any 30 consecutive trading day period within 4 years from the grant date exceeds 150% of grant date closing price; then, at rate of 25% on each anniversary of grant date.