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