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

Role: SVP-CLO, Secretary
Signature: Cheriese M. Dickman as Attorney-in-Fact for Matthew Zinn
Stock symbol: EGHT
Transactions as of: Oct 25, 2021
Transactions value $: -$122,871
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	+10.7K	+14.28%	$0.00	85.6K	Oct 25, 2021	Direct
transaction	EGHT	Common Stock	Sale	-$123K	-5.37K	-6.27%	$22.89^*	80.2K	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 Stock Units	Options Exercise	$0	-10.7K	-62.33%	$0.00	6.46K	Oct 25, 2021	Common Stock	10.7K		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, as reported in the line above.
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. As previously reported on a Form 4, the reporting person was awarded 34,313 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 17,156 shares vested at less than target, such that 10,693 shares became issuable.