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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 4/23/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1023731 |
| Issuer Name: 8X8 INC /DE/ |
| Issuer Trading Symbol: EGHT |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1465929 |
| | Owner Name: Gatoff Steven |
| Reporting Owner Address: |
| | Owner Street 1: C/O 8X8, INC |
| | Owner Street 2: 2125 O'NEL |
| | Owner City: SAN JOSE |
| | Owner State: CA |
| | Owner ZIP Code: 95131 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP, Chief Financial Officer |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/23/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,930 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 26,234 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/24/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F2 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2062 |
| | | Transaction Price Per Share: |
| Value: 16.65 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 24,172 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F3 |
| | Transaction Date: |
| | | Value: 4/23/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,930 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 4/23/20 |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Value: 10/23/21 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 5,930.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 35,580 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: 5,930 Restricted Stock Units became fully vested and have been converted to Common Stock. |
| Footnote - 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. |
| Footnote - F3: Right to receive one or more shares of EGHT Common Stock. |
| Footnote - F4: 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, then eight and one-third percent (8.33%) vesting each quarter thereafter, over a period of eight quarters, subject to the participant's continued employment or other association with the Company. |
Remarks: |
Owner Signature: |
| Signature Name: Cheriese M. Dickman Attorney-in-Fact for Steven Gatoff |
| Signature Date: 4/27/20 |