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Technology Stocks : 8x8 (EGHT)
EGHT 16.25+2.2%4:00 PM EDT

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To: Sr K who wrote (1894)1/23/2016 1:24:40 PM
From: Savant  Read Replies (1) of 1919
I liked the pps increase...& then there's this..
Blackrock now 11.5% ownership

restricted stock...vests over time, employee incentive and retention...not that many shares/options, I guess that's okay w/me...fwiw. I expect that the pps/option exercise-pps will be in the 10K

8x8 also announced that on January 19, 2016, it awarded restricted stock units (RSUs) representing an aggregate of 71,063 shares of the Company's common stock and options to purchase a total of 37,172 shares to 11 new non-officer employees under the 8x8 "2013 New Employee Inducement Incentive Plan." The equity awards were approved by the 8x8 Board of Directors Compensation Committee and were granted as an inducement to the new employees entering into employment with 8x8, in accordance with Nasdaq Market Place Rule 5635(c)(4).

Each of the awards are subject to vesting pursuant to the terms of the award agreements, which include that the recipient be employed through each vesting date.
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