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FORM 4 OMB Approval
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OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ........ 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / Check box if no
longer subject to Filed pursuant to Section 16(a) of the Securities
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the
or Form 5 obligations Public Utility Holding Company Act of 1935
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading Symbol 6. Relationship of Reporting Person to
Peters Christopher 8x8, Inc.-EGHT Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
2445 Mission College Blvd. Number of Reporting Month/Year X Officer (give Other (Specify
- --------------------------------------------- Person (Voluntary) January 1998 ---- title --- below)
(Street) ------------------ below)
Santa Clara CA 95054 5. If Amendment, Vice President, Sales
- --------------------------------------------- Date of Original --------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Filing
------------------ (Check Applicable Line)
X Form filed by One
---- Reporting Person
Form filed by More than
---- One Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Month/ (Instr. 8) End of Month Direct Benefi-
Day/ (Instr. 3 and 4) (D) or cial
Year) --------------------------------------- Indirect Owner-
Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
Common Stock 1/22/98 M 1,833 A $0.50 D
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Common Stock 9/3/97 M 11,728 A $0.50 D
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Common Stock TOTAL: 13,561
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
SEC 1474(7/96)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 4) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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Employee Stock Option Common
(right to buy) $0.50 01/22/98 M 1,250 (1) 01/27/05 Stock 1,250
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Employee Stock Option Common
(right to buy) $0.50 01/22/98 M 583 (2) 06/24/06 Stock 583
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Common
Options to Buy Common Stock $0.50 (1) 01/27/05 Stock 4,063
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Common
Options to Buy Common Stock $0.50 (2) 06/24/06 Stock 4,376
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Common
Options to Buy Common Stock $6.80 (3) 06/23/07 Stock 70,000
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Common
Options to Buy Common Stock $11.25 (4) 07/28/07 Stock 33,000
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Options to Buy Common Stock TOTAL:
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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-0- D
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-0- D
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4,063 D
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4,376 D
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70,000 D
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33,000 D
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111,439
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Explanation of Responses:
(1) 1/4th of the shares vested on January 29, 1996; 1/36th of the remaining shares shall vest on the
last of each full month thereafter, until all of the shares have vested.
(2) 1/48th of the shares shall vest on the last day of each full month after the vesting commencement
date of June 24, 1996, until all of the shares have vested.
(3) 1/48th of the shares shall vest on the last day of each full month after the vesting commencement
date of June 23, 1997, until all of the shares have vested.
(4) 1/48th of the shares shall vest on the last day of each full month after the vesting commencement
date of July 28, 1997, until all of the shares have vested.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note. File three copies of this Form, one of which must be manually signed. Page 2
If space provided is insufficient, see Instruction 6 for procedure. SEC 1474 (7/96)
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
