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