Verma Vikram 4
4 · 8X8 INC /DE/ · Filed Oct 29, 2020
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Verma Vikram
Director
Transactions
- Sale
Common Stock
2020-10-28$15.80/sh−25,710$406,105→ 27,615 total - Exercise/Conversion
Common Stock
2020-10-27+49,279→ 53,325 total - Exercise/Conversion
Performance Stock Units
2020-10-27−49,279→ 73,529 totalExp: 2021-10-23→ Common Stock (49,279 underlying)
Holdings
- 1,223,426(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of EGHT 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]As previously reported on a Form 4, the reporting person was awarded 147,058 performance share units (PSUs) on October 23, 2018, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. The first installment of 73,529 shares vested at less than target, such that 49,279 shares became issuable.