David Sipes - 17 Jun 2022 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Signature
/s/ Cheriese M. Dickman as Attorney in fact for David Sipes
Issuer symbol
EGHT
Transactions as of
17 Jun 2022
Net transactions value
$0
Form type
4
Filing time
22 Jun 2022, 16:23:46 UTC
Previous filing
17 Jun 2022
Next filing
13 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +543,305 +102% $0.000000 1,074,833 17 Jun 2022 Direct F1
* 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 17, 2023, 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. The RSU expires on June 17, 2032.