1
- ------
FORM 4
- ------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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
OMB Approval
OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response ............... .5
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Voois Paul 8x8, Inc. - EGHT to Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
Number of Reporting Month/Year X Officer (give Other (Specify
2445 Mission College Blvd. Person (Voluntary) February 1998 ---- title --- below)
- --------------------------------------------- ------------------ below)
(Street) 5. If Amendment, Chariman and CEO
Date of Original --------------------------------
- --------------------------------------------- (Month/Year)
(City) (State) (Zip) 7. Individual or Joint/Group Filing
------------------ (Check Applicable Line)
Santa Clara CA 95054 X Form filed by One
---- Reporting Person
Form filed by More than
---- One Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
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
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 2/2/98 P V 1,847 A(1) $5.53 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 2/4/98 M 10,000 A $0.50 D
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL: 30,847 D
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
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 4(b)(v). SEC 1474(7-96) (Over)
(1) These shares were acquired under the 8x8, Inc. Employee Stock Purchase Plan.
2
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
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)
-----------------------------------
Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
- ------------------------------------------------------------------------------------------------------------------------------------
Employee Stock Option
(right to buy) $0.50 2/4/98 M 1,082 (1) 8/14/05 Common 7,917 $0.50
- ------------------------------------------------------------------------------------------------------------------------------------
Employee Stock Option
(right to buy) $0.50 2/4/98 M 2,083 (2) 5/21/06 Common 2,917 $0.50
- ------------------------------------------------------------------------------------------------------------------------------------
Employee Stock Option
(right to buy) $0.50 2/4/98 M 6,835 (3) 6/24/06 Common 13,165 $0.50
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Buy Common
Stock (4) 10/27/04 Common 1,001 $0.50
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Buy Common
Stock (5) 07/17/06 Common 4,000 $0.50
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Buy Common
Stock (6) 10/21/06 Common 25,000 $5.00
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Buy Common
Stock (7) 01/20/07 Common 170,000 $6.80
- ------------------------------------------------------------------------------------------------------------------------------------
Options to Buy Common
Stock (8) 06/23/07 Common 30,000 $6.80
- ------------------------------------------------------------------------------------------------------------------------------------
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)
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
D
- -------------------------------------------------------------------------------------------------------
254,000 D
- -------------------------------------------------------------------------------------------------------
Explanation of Responses:
(1) Remainder of unexercised grant of 20,000 shares that vest at a rate of 1/48th per month after vesting commencement date of
August 14, 1996.
(2) Remainder of unexercised grant of 5,000 shares that vest at a rate of 1/48th per month after vesting commencement date of
May 21, 1996.
(3) Remainder of unexercised grant of 20,000 shares that vest at a rate of 1/48th per month after vesting commencement date of
June 24, 1996.
(4) Remainder of unexercised grant of 6,000 shares that vest at a rate of 1/4th on October 27, 1998 and 1/48th per month thereafter.
(5) Shares vest at a rate of 1/48th per month after vesting commencement date of July 17, 1996.
(6) Shares vested in full.
(7) Shares vest at a rate of 1/48th per month after vesting commencement date of January 20, 1997.
(8) Shares vest at a rate of 1/48th per month after vesting commencement date of June 23, 1997.
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ PAUL VOOIS 3/4/98
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)
