0001023731-18-000037.txt : 20180924 0001023731-18-000037.hdr.sgml : 20180924 20180924184051 ACCESSION NUMBER: 0001023731-18-000037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180920 FILED AS OF DATE: 20180924 DATE AS OF CHANGE: 20180924 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hakeman Darren J. CENTRAL INDEX KEY: 0001586614 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38312 FILM NUMBER: 181084368 MAIL ADDRESS: STREET 1: 2125 O'NEL DRIVE CITY: SAN JOSE STATE: CA ZIP: 95131 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: 8X8 INC /DE/ CENTRAL INDEX KEY: 0001023731 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] 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 2018-09-20 0 0001023731 8X8 INC /DE/ EGHT 0001586614 Hakeman Darren J. 2125 O'NEL DRIVE SAN JOSE CA 95131 0 1 0 0 SVP-Strategy,Analytics&CorpDev Common Stock 2018-09-20 4 M 0 6448 0 A 67653 D Common Stock 2018-09-20 4 F 0 3067 21.75 D 64586 D Common Stock 2018-09-20 4 M 0 7249 0 A 71835 D Common Stock 2018-09-20 4 F 0 3449 21.75 D 68386 D Common Stock 2018-09-20 4 M 0 7249 0 A 75635 D Common Stock 2018-09-20 4 F 0 3449 21.75 D 72186 D Common Stock 2018-09-22 4 M 0 9282 0 A 81468 D Common Stock 2018-09-22 4 F 0 4416 21.2 D 77052 D Common Stock 2018-09-22 4 M 0 14020 0 A 91072 D Common Stock 2018-09-22 4 F 0 6920 21.2 D 84152 D Restricted Stock Unit 2018-09-20 4 M 0 6448 0 D 2020-09-20 Common Stock 6448 105219 D Restricted Stock Unit 2018-09-20 4 J 0 2445 0 A 2018-09-20 2018-09-20 Common Stock 2445 107664 D Restricted Stock Unit 2018-09-20 4 M 0 7249 0 D 2021-09-20 Common Stock 7249 100415 D Restricted Stock Unit 2018-09-20 4 J 0 2445 0 A 2018-09-20 2018-09-20 Common Stock 2445 102860 D Restricted Stock Unit 2018-09-20 4 M 0 7249 0 D 2019-09-20 Common Stock 7249 95611 D Restricted Stock Unit 2018-09-22 4 M 0 9282 0 D 2019-09-22 Common Stock 9282 86329 D Restricted Stock Unit 2018-09-22 4 J 0 7010 0 A 2018-09-22 2018-09-22 Common Stock 7010 93339 D Restricted Stock Unit 2018-09-22 4 M 0 14020 0 D 2018-09-22 Common Stock 14020 79319 D 6,448 Restricted Stock Units became fully vested and have been converted to Common Stock. Payment of tax liability by withholding securities incident to vesting of restricted stock units. 7,249 Restricted Stock Units became fully vested and have been converted to Common Stock. 9,282 Restricted Stock Units became fully vested and have been converted to Common Stock. 14,020 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. 19. As previously reported on a Form 4, the reporting person was awarded 9,608 performance share units (PSUs) on September 26, 2016, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 20, 2018, the first installment of 4,804 PSUs vested at 150.9 % of target, such that 7,249 shares became issuable. Of these shares, 3,800 were issued to the reporting person and the remaining 3,449 were withheld to pay the associated tax liability. The 2,445 units reported in Table II correspond to the additional shares issued in excess of 4,804 share target for the first vesting installment. This award vests at the rate of one-fourth of such shares at September 22, 2016, one-fourth of such shares at September 22, 2017, one-fourth of such shares at September 22, 2018 and one-fourth of such shares at September 22, 2019. As previously reported on a Form 4, the reporting person was awarded 14,020 performance share units (PSUs) on September 22, 2015, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. On September 22, 2018, the second installment of 7,010 PSUs vested at 200.0% of target, such that 14,020 shares became issuable. Of these shares, 7,100 were issued to the reporting person and the remaining 6,920 were withheld to pay the associated tax liability. The 7,010 units reported in Table II correspond to the additional shares issued in excess of 7,010 share target for the second vesting installment. This award vests at the rate of one-fourth of such shares at September 19, 2017, one-fourth of such shares at September 19, 2018, one-fourth of such shares at September 19, 2019 and one-fourth of such shares at September 19, 2020. /s/ Darren J. Hackman 2018-09-24