Gatoff Steven 4
4 · 8X8 INC /DE/ · Filed Apr 27, 2020
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Gatoff Steven
EVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2020-04-23+5,930→ 26,234 total - Sale
Common Stock
2020-04-24$16.65/sh−2,062$34,332→ 24,172 total - Exercise/Conversion
Restricted Stock Units
2020-04-23−5,930→ 35,580 totalFrom: 2020-04-23Exp: 2021-10-23→ Common Stock (5,930 underlying)
Footnotes (4)
- [F1]5,930 Restricted Stock Units became fully vested and have been converted to Common Stock.
- [F2]Represents shares of common stock automatically sold to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of an equity award, as reported in the line above.
- [F3]Right to receive one or more shares of EGHT Common Stock.
- [F4]RSUs shall vest with respect to one-third (33.3%) of the total number of underlying shares on the first anniversary of the Vesting Commencement Date, then eight and one-third percent (8.33%) vesting each quarter thereafter, over a period of eight quarters, subject to the participant's continued employment or other association with the Company.