0001023731-16-000060.txt : 20160921 0001023731-16-000060.hdr.sgml : 20160921 20160921164439 ACCESSION NUMBER: 0001023731-16-000060 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160920 FILED AS OF DATE: 20160921 DATE AS OF CHANGE: 20160921 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: MARTIN BRYAN R CENTRAL INDEX KEY: 0001085676 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21783 FILM NUMBER: 161896044 MAIL ADDRESS: STREET 1: C/O 8X8 INC STREET 2: 3151 JAY STREET CITY: SANTA CLARA STATE: CA ZIP: 95054 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2016-09-20 0 0001023731 8X8 INC /DE/ EGHT 0001085676 MARTIN BRYAN R C/O 8X8 INC 2125 O'NEL DRIVE SAN JOSE CA 95131 0 1 0 0 Chief Technology Officer Restricted Stock Unit 2016-09-20 4 A 0 25792 0 A 2020-09-20 Common Stock 25792 1069818 D Employee Stock Option (right to buy) 14.79 2016-09-20 4 A 0 25792 0 A 2026-09-20 Common Stock 25792 1095610 D Restricted Stock Unit 2016-09-20 4 A 0 9608 0 A 2019-09-20 Common Stock 9608 1105218 D This award vests at the rate of one-fourth of such shares at September 20, 2017, one-fourth of such shares at September 20, 2018, one-fourth of such shares at September 20, 2019 and one-fourth of such shares at September 20, 2020. Each restricted stock unit represents a contingent right to receive one share of EGHT common stock. This award vests at the rate of one forty-eighth of the shares on 10/20/2016 and at the end of each full month thereafter. RSUs vest (1) 50% on September 20, 2018 and (2) 50% on September 20, 2019, 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. /s/ Bryan R. Martin 2016-09-21