Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EGHT | Common Stock | Award | $0 | +57.5K | +93.76% | $0.00 | 119K | Dec 15, 2022 | Direct | F1 |
transaction | EGHT | Common Stock | Sale | -$1.8K | -381 | -0.32% | $4.73 | 118K | Dec 16, 2022 | Direct | F2 |
Id | Content |
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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 December 15, 2022, 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 December 15, 2032. |
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 previously reported. |