Eric Salzman - Feb 17, 2022 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Role
Director
Signature
/s/ Cheriese Dickman Attorney-in-Fact for Eric Salzman
Stock symbol
EGHT
Transactions as of
Feb 17, 2022
Transactions value $
-$135,673
Form type
4
Date filed
2/22/2022, 03:39 PM
Previous filing
Feb 16, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Options Exercise $130K +30K +17.64% $4.32 200K Feb 17, 2022 Direct
transaction EGHT Common Stock Sale -$265K -19K -9.51% $13.94 181K Feb 17, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EGHT Employee Stock Option (right to buy) Options Exercise $0 -30K -50% $0.00 30K Feb 17, 2022 Common Stock 30K $4.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects sales made to cover the reporting person's exercise price and tax obligation in connection with the exercise of options, as reported herein.
F2 The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $13.94 to $13.951. This transaction was apart of a group sale. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The option to purchase 75,000 shares of common stock was awarded under the 8x8, Inc. Amended & Restated 2006 Equity Incentive Plan on February 24, 2012 in a transaction exempt under Rule 16b-3 and vested in full on February 24, 2016. Grant expires on February 24, 2022.