Laurence Denny - 15 Dec 2022 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Signature
/s/ Cheriese Dickman Attorney-in-Fact for Laurence Denny
Issuer symbol
EGHT
Transactions as of
15 Dec 2022
Net transactions value
-$1,802
Form type
4
Filing time
19 Dec 2022, 15:58:53 UTC
Previous filing
12 Dec 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +57,471 +94% $0.000000 118,769 15 Dec 2022 Direct F1
transaction EGHT Common Stock Sale $1,802 -381 -0.32% $4.73 118,388 16 Dec 2022 Direct F2
* 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 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.