David Sipes - May 15, 2022 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Role
Chief Executive Officer
Signature
/s/ Cheriese M. Dickman as Attorney in fact for David Sipes
Stock symbol
EGHT
Transactions as of
May 15, 2022
Transactions value $
$112,257
Form type
4
Date filed
5/17/2022, 05:33 PM
Previous filing
Mar 14, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $223K +26.9K +4.98% $8.28 567K May 15, 2022 Direct F1
transaction EGHT Common Stock Sale -$110K -13.9K -2.45% $7.94 553K May 16, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person elected to receive biannual bonus payment in stock, as authorized by the issuer's compensation committee. Number of shares was determined by dividing bonus amount by the stock closing price on May 13, 2022. Shares vest immediately.
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 reported in the line above.