Samuel C. Wilson - Mar 15, 2024 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
Mar 15, 2024
Transactions value $
-$41,961
Form type
4
Date filed
3/19/2024, 05:28 PM
Previous filing
Feb 16, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Sale -$5.35K -2K -0.19% $2.67 1.04M Mar 15, 2024 Direct F1, F2
transaction EGHT Common Stock Sale -$5.01K -1.88K -0.18% $2.66 1.03M Mar 18, 2024 Direct F3
transaction EGHT Common Stock Sale -$31.6K -11.9K -1.15% $2.66 1.02M Mar 18, 2024 Direct F3
* 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 The price is the weighted average sales price for the transactions reported on this line. The prices for the transactions reported on this line range from $2.61 to $2.75. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 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.