TMCnet News

8X8 INC /DE/ FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits
[March 25, 2014]

8X8 INC /DE/ FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits


(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Vladimir Jacimovic was appointed as a member of the 8x8, Inc. (the "Company") board of directors effective March 20, 2014. On March 20, 2014, the Company expanded the size of its board from six to seven directors and Mr. Jacimovic fills this newly created vacancy. In connection with his appointment as a director, Mr. Jacimovic has been granted an option to purchase 75,000 shares of the Company's common stock under the 2012 Equity Incentive Plan at the per share closing price reported on the NASDAQ Global Select Market on March 20, 2014. The option will vest over a four-year period, subject to Mr. Jacimovic 's continuing service to the Company.



A copy of the press release announcing the appointment of Mr. Jacimovic as a director is attached as Exhibit 99.1 to this report and is incorporated by reference in partial response to this Item 5.02.

Item 9.01. Financial Statements and Exhibits (d) Exhibits.


99.1 Press Release dated March 25, 2014 2--------------------------------------------------------------------------------

[ Back To TMCnet.com's Homepage ]