0001023731-18-000054.txt : 20181025
0001023731-18-000054.hdr.sgml : 20181025
20181025211520
ACCESSION NUMBER: 0001023731-18-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181023
FILED AS OF DATE: 20181025
DATE AS OF CHANGE: 20181025
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: 001-38312
FILM NUMBER: 181140153
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: 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
2018-10-23
0
0001023731
8X8 INC /DE/
EGHT
0001085676
MARTIN BRYAN R
C/O 8X8, INC
2125 O'NEL DRIVE
SAN JOSE
CA
95131
1
1
0
0
Chief Technology Officer
Restricted Stock Units
2018-10-23
4
A
0
12254
0
A
2021-10-23
Common Stock
12254
12254
D
Performance Stock Units
2018-10-23
4
A
0
12254
0
A
2021-10-23
Common Stock
12254
12254
D
Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
RSUs shall vest with respect to one-third (33.3%) of the total number of underlying shares on the first anniversary of the Vesting Commencement Date, then eight and one-third percent (8.3375%) vesting each quarter thereafter, over a period of eight (8) quarters, subject to the participant's continued employment or other association with the Company.
RSUs vest (1) 50% on October 23, 2020 and (2) 50% on October 23, 2021, 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/ Bryan R. Martin
2018-10-25