Samuel C. Wilson - Jun 15, 2022 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Role
Chief Financial Officer
Signature
Cheriese Dickman as Attorney in Fact for Samuel C Wilson
Stock symbol
EGHT
Transactions as of
Jun 15, 2022
Transactions value $
-$125,158
Form type
4
Date filed
6/17/2022, 04:40 PM
Previous filing
May 17, 2022
Next filing
Jun 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +19.9K +9.01% $0.00 241K Jun 15, 2022 Direct F1
transaction EGHT Common Stock Sale -$56.8K -10.8K -4.48% $5.27 230K Jun 16, 2022 Direct F2
transaction EGHT Common Stock Sale -$68.3K -13K -5.64% $5.27 217K Jun 16, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was awarded 53,941 performance share units (PSUs) on June 15, 2021, of which 33% were eligible to vest on each of the first, second and third anniversaries of the award date. On June 15, 2022, the first installment of 17,981 PSUs vested at 110.62% of target, such that 19,890 shares became issuable. Of these shares, 9,118 were issued to the reporting person and the remaining 10,772 were sold to pay the associated tax liability.
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 equity award.
F3 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 previously reported.