8X8 INC /DE/ 4

4 · 8X8 INC /DE/ · Filed May 24, 2017

Form 4

Period: 2017-05-22

Chief Marketing Officer

Transactions

Award
Restricted Stock Unit
2017-05-22+55,446→ 55,446 total
Exp: 2021-05-22→ Common Stock (55,446 underlying)
Award
Restricted Stock Unit
2017-05-22+44,615→ 100,061 total
Exp: 2020-05-22→ Common Stock (44,615 underlying)

Footnotes (3)

[F1]Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
[F2]This award vests at the rate of one-fourth of such shares at May 22, 2018, one-fourth of such shares at May 22, 2019, one-fourth of such shares at May 22, 2020 and one-fourth of such shares at May 22, 2021.
[F3]RSUs vest (1) 50% on May 22, 2019 and (2) 50% on May 22, 2020, in each case subject to performance of 8x8 common stock relative to the Russell 2000 Index during the period from grant date through the vesting date. A 2x multiplier will be applied to the total shareholder return (TSR) for each 1% of positive or negative relative TSR, and the number of shares earned will increase or decrease by 2% of the target number shown in the table. In the event 8x8's common stock performance is below negative 30%, relative to the benchmark, no shares will be issued. Maximum number of shares issuable is two times the number shown in the table.

Documents

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