Samuel C. Wilson - Jun 15, 2023 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
Jun 15, 2023
Transactions value $
-$360,566
Form type
4
Date filed
6/20/2023, 06:49 PM
Previous filing
Jun 15, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +495K +66.5% $0.00 1.24M Jun 15, 2023 Direct F1
transaction EGHT Common Stock Sale -$8.48K -2.2K -0.18% $3.85 1.24M Jun 16, 2023 Direct F2
transaction EGHT Common Stock Sale -$6.41K -1.66K -0.13% $3.85 1.24M Jun 16, 2023 Direct F2
transaction EGHT Common Stock Sale -$228K -59.3K -4.8% $3.85 1.18M Jun 16, 2023 Direct F2
transaction EGHT Common Stock Sale -$117K -30.5K -2.59% $3.85 1.15M Jun 16, 2023 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 June 15, 2024, 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 15, 2033
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.