Kraus Kevin 4
4 · 8X8 INC /DE/ · Filed Sep 17, 2024
Insider Transaction Report
Form 4
8X8 INC /DE/EGHT
Kraus Kevin
Chief Financial Officer
Transactions
- Award
Common Stock
2024-09-15+200,000→ 483,270 total - Sale
Common Stock
2024-09-16$1.85/sh−1,000$1,850→ 474,275 total - Sale
Common Stock
2024-09-16$1.83/sh−7,995$14,661→ 475,275 total
Footnotes (3)
- [F1]Represents the grant of a restricted stock award. The 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 of September 15, 2024, 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. 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 previously reported.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2023.