0001023731-16-000061.txt : 20160921
0001023731-16-000061.hdr.sgml : 20160921
20160921174122
ACCESSION NUMBER: 0001023731-16-000061
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: GENOVESE MARY ELLEN P
CENTRAL INDEX KEY: 0001242007
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21783
FILM NUMBER: 161896320
MAIL ADDRESS:
STREET 1: C/O TIMBLE NAVIGATION LTD
STREET 2: 645 N MARY AVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94086
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-09-20
0
0001023731
8X8 INC /DE/
EGHT
0001242007
GENOVESE MARY ELLEN P
8 X 8 INC
2125 O'NEL DRIVE
SAN JOSE
CA
95131
0
1
0
0
Chief Financial Officer
Restricted Stock Unit
2016-09-20
4
A
0
47900
0
A
2020-09-20
Common Stock
47900
187632
D
Restricted Stock Unit
2016-09-20
4
A
0
35676
0
A
2019-09-20
Common Stock
35676
223308
D
Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
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.
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/ Mary Ellen Genovese
2016-09-21