Samuel C. Wilson - 15 Jun 2021 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Signature
Cheriese Dickman as Attorney in Fact for Samuel C Wilson
Issuer symbol
EGHT
Transactions as of
15 Jun 2021
Net transactions value
-$304,355
Form type
4
Filing time
17 Jun 2021, 16:43:46 UTC
Next filing
21 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +53,941 +32% $0.000000 221,060 15 Jun 2021 Direct F1
transaction EGHT Common Stock Sale $304,355 -11,928 -5.4% $25.52 209,132 16 Jun 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of EGHT common stock. 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 June 15, 2022, then eight and one-third percent (8.33%) vesting each quarter thereafter, over a period of eight quarters, subject to the participant's continued employment or other association with the Company.
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.