Kevin Kraus - Dec 13, 2024 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Signature
/s/ Cheriese Dickman Attorney-in-Fact for Kevin Kraus
Stock symbol
EGHT
Transactions as of
Dec 13, 2024
Transactions value $
-$31,707
Form type
4
Date filed
12/17/2024, 04:30 PM
Previous filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGHT Common Stock Tax liability -$29.1K -11.1K -2.35% $2.63 461K Dec 13, 2024 Direct F1
transaction EGHT Common Stock Sale -$2.65K -1K -0.22% $2.65 460K Dec 16, 2024 Direct F2, 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 Represents shares of common stock automatically withheld to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of equity awards, as previously reported.
F2 The sale reported on this line were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024.
F3 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 $2.70. 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.