0001023731-17-000035.txt : 20170921 0001023731-17-000035.hdr.sgml : 20170921 20170921214729 ACCESSION NUMBER: 0001023731-17-000035 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: Verma Vikram CENTRAL INDEX KEY: 0001539401 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-21783 FILM NUMBER: 171096646 MAIL ADDRESS: STREET 1: 810 WEST MAUDE AVENUE CITY: SUNNYVALE STATE: CA ZIP: 94085 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 0001539401 Verma Vikram C/O 8X8, INC. 2125 O'NEL DRIVE SAN JOSE CA 95131 0 1 0 0 Chief Executive Officer Restricted Stock Unit 2017-09-19 4 A 0 147696 0 A 2020-09-19 Common Stock 147696 836516 D Restricted Stock Unit 2017-09-19 4 A 0 120124 0 A 2021-09-19 Common Stock 120124 956640 D Each restricted stock unit represents a contingent right to receive one share of EGHT common stock. RSUs vest (1) 50% on September 19, 2019 and (2) 50% on September 19 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/ Vikram Verma 2017-09-21