Form Type: 4

SEC EDGAR Link
Accession Number:0001023731-21-000237
Date:2021-10-25
Issuer: 8X8 INC /DE/ (EGHT)
Original Submission Date:

Reporting Person:

ZINN MATTHEW
C/O 8X8, INC.
675 CREEKSIDE WAY CAMPBELL, CA 95008

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-10-25 M 10,693 a $0.00 85,597 direct
COMMON STOCK 2021-10-26 S 5,369 d $22.89 80,228 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 STOCK UNITS 0.0 2021-10-25 deemed execution date M 10,693 (d) 2021-10-23 common stock 10,693 $0.00 6,463 direct
Footnotes
IDfootnote
f1 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.
f2 each restricted stock unit represents a contingent right to receive one share of eght common stock.
f3 rsus vest (1) 50% on october 23, 2020 and (2) 50% on october 23, 2021, in each case subject to performance of 8x8's common stock relative to the russell 2000 index during the period from grant date through such vesting date. as previously reported on a form 4, the reporting person was awarded 34,313 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 second installment of 17,156 shares vested at less than target, such that 10,693 shares became issuable.
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