Deklich Dejan 4
4 · 8X8 INC /DE/ · Filed Oct 27, 2021
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Deklich Dejan
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2021-10-25+13,748→ 165,906 total - Exercise/Conversion
Performance Restricted Units
2021-10-25−13,748→ 8,310 totalExp: 2021-10-23→ Common Stock (13,748 underlying) - Sale
Common Stock
2021-10-26$22.89/sh−6,903$157,977→ 159,003 total
Footnotes (3)
- [F1]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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
- [F3]RSUs vest (1) 50% on October 23, 2020 and (2) 50% on October 23, 2021, in each case subject to performance of 8x8's common stock relative to the Russell 2000 Index during the period from grant date through such vesting date. The reporting person was awarded 44,117 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 second installment of 22,058 shares vested at less than target, such that 13,748 shares became issuable.