Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EGHT | Common Stock | Award | $0 | +6.87K | +3.21% | $0.00 | 221K | Oct 26, 2021 | Direct | F1 |
transaction | EGHT | Common Stock | Sale | -$79K | -3.45K | -1.56% | $22.89 | 218K | Oct 26, 2021 | Direct | F2 |
Id | Content |
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F1 | 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 22,058 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 second installment of 11,029 shares vested at less than target, such that 6,874 shares became issuable. |
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 a performance award. |