8x8, Inc.
8X8 INC /DE/ (Form: 3, Received: 09/07/2017 21:21:27)
FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Deklich Dejan

2. Date of Event Requiring Statement (MM/DD/YYYY)
9/5/2017 

3. Issuer Name and Ticker or Trading Symbol

8X8 INC /DE/ [EGHT]

(Last)        (First)        (Middle)

C/O 8X8, INC., 2125 O'NEL DRIVE

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Chief Product Officer /

(Street)

SAN JOSE, CA 95131       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit     (1) 2/13/2021   Common Stock   48844   $0   D    
Restricted Stock Unit     (2) 3/20/2020   Common Stock   36451   $0   D    

Explanation of Responses:
(1)  This award vests at the rate of one-fourth of such shares at February 13, 2018, one-fourth of such shares at February 13, 2019, one-fourth of such shares at February 13, 2020 and one-fourth of such shares at February 13, 2021.
(2)  RSUs vest (1) 50% on March 20, 2019 and (2) 50% on March 20, 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Deklich Dejan
C/O 8X8, INC.
2125 O'NEL DRIVE
SAN JOSE, CA 95131


Chief Product Officer

Signatures
/s/ Dejan Deklich 9/7/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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