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

Signature
Cheriese Dickman as Attorney in Fact for Samuel C Wilson
Stock symbol
EGHT
Transactions as of
Dec 15, 2022
Transactions value $
-$34,538
Form type
4
Date filed
12/19/2022, 03:59 PM
Previous filing
Nov 17, 2022
Next filing
Jan 18, 2023

Transactions Table

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
* 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-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.