Form Type: 4

SEC EDGAR Link
Acccession Number:0001023731-20-000035
Date:2020-03-20
Issuer: 8X8 INC /DE/ (EGHT)
Original Submission Date:

Reporting Person:

DEKLICH DEJAN
C/O 8X8, INC
675 CREEKSIDE WAY CAMPBELL, CA 95070

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 2020-03-20 M 22,962 a $0.00 49,438 direct
COMMON STOCK 2020-03-20 S 7,981 d $14.16 41,457 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
RESTRICTED STOCK UNITS 0.0 2020-03-20 deemed execution date A 4,736 (a) 2019-03-20 2020-03-20 common stock 4,736 $0.00 22,962 direct
RESTRICTED STOCK UNITS 0.0 2020-03-20 deemed execution date M 22,962 (d) 2019-03-20 2020-03-20 common stock 22,962 $0.00 0 direct
Footnotes
IDfootnote
f1 shares were issued pursuant to an award previously reported on a form 3 (filed september 7, 2017) as an award of restricted stock units for 36,451 shares of common stock. as previously reported, the award vests in two installments, with the number of shares issuable in each installment determined based on total shareholder return (tsr) of the company's common stock relative to the russell 2000 during the relevant performance period. the target number of shares issuable on the two vesting dates were 18,225 and 18,226 shares, respectively. on march 20, 2020, the second installment of units vested at 125.99% of target, such that a total of 22,962 shares were issued, which represents 4,736 shares in excess of target.
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 each rsu represents a contingent right to receive a share of 8x8 common stock.

Elevate your investments