Samuel C. Wilson - Dec 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
Dec 15, 2023
Transactions value $
-$173,168
Form type
4
Date filed
12/19/2023, 05:02 PM
Previous filing
Nov 17, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Sale -$7.64K -2K -0.18% $3.82 1.09M Dec 15, 2023 Direct F1
transaction EGHT Common Stock Sale -$8.05K -2.28K -0.21% $3.53 1.08M Dec 18, 2023 Direct F2
transaction EGHT Common Stock Sale -$54.6K -15.5K -1.43% $3.53 1.07M Dec 18, 2023 Direct F2
transaction EGHT Common Stock Sale -$103K -29.1K -2.73% $3.53 1.04M Dec 18, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2023.
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.