0001023731-17-000033.txt : 20170921
0001023731-17-000033.hdr.sgml : 20170921
20170921212022
ACCESSION NUMBER: 0001023731-17-000033
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170919
FILED AS OF DATE: 20170921
DATE AS OF CHANGE: 20170921
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: 171096631
MAIL ADDRESS:
STREET 1: C/O 8X8 INC
STREET 2: 3151 JAY STREET
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
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
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2017-09-19
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
Common Stock
2017-09-20
4
J
0
3058
13.65
A
968601
D
Restricted Stock Unit
2017-09-20
4
J
0
3058
0
D
2020-09-20
Common Stock
3390
965543
D
Restricted Stock Unit
2017-09-20
4
F
0
3390
0
D
2020-09-20
Common Stock
3390
962153
D
Restricted Stock Unit
2017-09-19
4
A
0
15388
0
A
2020-09-19
Common Stock
15388
15388
D
Restricted Stock Unit
2017-09-19
4
A
0
18772
0
A
2021-09-19
Common Stock
18772
34160
D
3,058 Restricted Stock units became fully vested and have been converted to Common stock.
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.
3,390 Restricted Stock Units Became Fully vested and have been withheld due to payment of tax liability incident to vesting of Restricted Stock Unit.
RSUs vest (1) 50% on September 22, 2019 and (2) 50% on September 22 2020, 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 19, 2018, one-fourth of such shares at September 19, 2019, one-fourth of such shares at September 19, 2020 and one-fourth of such shares at September 19, 2021.
/s/ Bryan R. Martin
2017-09-21