Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EGHT | Common Stock | Award | $0 | +230K | +40.79% | $0.00 | 794K | Dec 15, 2022 | Direct | F1 |
transaction | EGHT | Common Stock | Sale | -$24.8K | -5.25K | -0.66% | $4.73 | 788K | Dec 16, 2022 | Direct | F2 |
transaction | EGHT | Common Stock | Sale | -$9.72K | -2K | -0.25% | $4.86 | 786K | Dec 19, 2022 | Direct | F3 |
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-forth (25%) of the total number of underlying shares vesting each quarter starting from the Vesting Commencement Date of December 15, 2022, 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. |
F3 | The sale reported in this line was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2022. |