Accession Number: | 0001023731-20-000183 |
Date: | 2020-10-27 |
Issuer: | 8X8 INC /DE/ (EGHT) |
Original Submission Date: |
DEKLICH DEJAN
C/O 8X8, INC. 675 CREEKSIDE WAY
CAMPBELL, CA 95008
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-10-27 | M | 14,783 | a | $0.00 | 143,911 | direct | ||
COMMON STOCK | 2020-10-28 | S | 7,713 | d | $15.80 | 136,198 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE RESTRICTED UNITS | 0.0 | 2020-10-27 | deemed execution date | M | 14,783 (d) | 2021-10-23 | common stock 14,783 | $0.00 | 22,058 | direct |
ID | footnote |
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f1 | each restricted stock unit represents a contingent right to receive one share of eght common stock. |
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 reported in the line above. |
f3 | as previously reported on a form 4, the reporting person was awarded 44,117 performance share units (psus) on october 23, 2018, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. the first installment of 22,059 shares vested at less than target, such that 14,783 shares became issuable. |