Samuel C. Wilson - 15 Sep 2024 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Signature
/s/ Cheriese Dickman as Attorney-in-Fact for Samuel C Wilson
Issuer symbol
EGHT
Transactions as of
15 Sep 2024
Net transactions value
-$48,145
Form type
4
Filing time
17 Sep 2024, 16:13:26 UTC
Previous filing
20 Jun 2024
Next filing
17 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Award $0 +450,000 +48% $0.000000 1,395,213 15 Sep 2024 Direct F1, F2
transaction EGHT Common Stock Sale $48,145 -26,254 -1.9% $1.83 1,368,959 16 Sep 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of a restricted stock award. The 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 September 15, 2024, then eight and one-third percent (8.3375%) vesting each quarter thereafter, over a period of eight (8) quarters, subject to the participant's continued employment or other association with the Company. Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F2 Includes 4,965 shares purchased on 08/09/2024 pursuant to the company's Employee Stock Purchase Plan (ESPP).
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.