0001023731-15-000022.txt : 20150923 0001023731-15-000022.hdr.sgml : 20150923 20150923201804 ACCESSION NUMBER: 0001023731-15-000022 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150922 FILED AS OF DATE: 20150923 DATE AS OF CHANGE: 20150923 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 8X8 INC /DE/ CENTRAL INDEX KEY: 0001023731 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 770142404 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 2125 O'NEL DRIVE CITY: SAN JOSE STATE: CA ZIP: 95131 BUSINESS PHONE: 4087271885 MAIL ADDRESS: STREET 1: 2125 O'NEL DRIVE CITY: SAN JOSE STATE: CA ZIP: 95131 FORMER COMPANY: FORMER CONFORMED NAME: NETERGY NETWORKS INC DATE OF NAME CHANGE: 20000912 FORMER COMPANY: FORMER CONFORMED NAME: 8X8 INC DATE OF NAME CHANGE: 19961023 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hakeman Darren J. CENTRAL INDEX KEY: 0001586614 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21783 FILM NUMBER: 151121878 MAIL ADDRESS: STREET 1: 2125 O'NEL DRIVE CITY: SAN JOSE STATE: CA ZIP: 95131 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2015-09-22 0 0001023731 8X8 INC /DE/ EGHT 0001586614 Hakeman Darren J. 2125 O'NEL DRIVE SAN JOSE CA 95131 0 1 0 0 SVP Product and Strategy Restricted Stock Units 2015-09-22 4 A 0 14020 0 A 2018-09-22 Common Stock 14020 86270 D Restricted Stock Units 2015-09-22 4 A 0 37128 0 A 2019-09-22 Common Stock 37128 123398 D Employee Stock Option (right to buy) 8.15 2015-09-22 4 A 0 37128 0 A 2025-09-22 Common Stock 37128 295480 D Each restricted stock unit represents a contingent right to receive one share of EGHT common stock. RSUs vest (1) 50% on September 22, 2017 and (2) 50% on September 27, 2018, 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. A 2x multiplier will be applied to the total shareholder returns (TSR) for each 1% of positive or negative relative TSR, and the number of shares earned will increase or decrease by 2% of the target number shown in table. In the event 8x8's common stock performance is below negative 30%, relative to the benchmark, no shares will be issued. Maximum number of shares issuable is two times the number shown in the table. This award vests at the rate of one-fourth of such shares at September 22, 2016, one-fourth of such at September 22, 2017, one-fourth of such at September 22, 2018, and one-fourth of such at September 22, 2019. This award vests at the rate of one forty-eighth of the shares on 10/22/2015 and at the end of each full month thereafter. /s/ Darren Hakeman 2015-09-23