Verma Vikram 4
4 · 8X8 INC /DE/ · Filed Oct 27, 2020
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Verma Vikram
Director
Transactions
- Exercise/Conversion
Common Stock
2020-10-23+8,162→ 8,162 total - Sale
Common Stock
2020-10-26$16.47/sh−4,116$67,799→ 4,046 total - Exercise/Conversion
Restricted Stock Unit
2020-10-23−8,162→ 89,877 totalExp: 2021-10-23→ Common Stock (8,162 underlying)
Holdings
- 1,223,426(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]8,162 Restricted Stock Units (RSU's) became fully vested and have 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]Through the Vikram and Sandra Verma 2005 Trust, U/A/D March 20, 2005, as amended.
- [F4]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- [F5]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 (8.3375%) vesting each quarter thereafter, over a period of eight (8) quarters, subject to the participant's continued employment or other association with the Company.