Dejan Deklich - Oct 25, 2021 Form 4 Insider Report for 8X8 INC /DE/ (EGHT)

Role: Chief Products Officer
Signature: Cheriese M. Dickman as Attorney-in-Fact for Dejan Deklich
Stock symbol: EGHT
Transactions as of: Oct 25, 2021
Transactions value $: -$157,977
Form type: 4
Date filed: 10/27/2021, 06:01 PM
Previous filing: Oct 19, 2021
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EGHT	Common Stock	Options Exercise	$0	+13.7K	+9.04%	$0.00	166K	Oct 25, 2021	Direct
transaction	EGHT	Common Stock	Sale	-$158K	-6.9K	-4.16%	$22.89^*	159K	Oct 26, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EGHT	Performance Restricted Units	Options Exercise	$0	-13.7K	-62.33%	$0.00	8.31K	Oct 25, 2021	Common Stock	13.7K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock automatically sold to satisfy the reporting person's tax obligation in respect of the shares issued upon vesting of an equity award.
F2	Each restricted stock unit represents a contingent right to receive one share of EGHT common stock.
F3	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. The reporting person was awarded 44,117 performance share units (PSUs) on October 23, 2018, of which 50% were eligible to vest on each of the second and third anniversaries of the award date. The second installment of 22,058 shares vested at less than target, such that 13,748 shares became issuable.