SAN JOSE, Calif.--(BUSINESS WIRE)--8x8, Inc. (NYSE:EGHT), a leading provider of cloud phone, meeting, collaboration and contact center solutions, today announced the grant on April 12, 2018 to five employees of restricted stock units to acquire up to 150,184 shares of the company’s common stock in total. The awards vest over periods ranging from three years to four-and-one-half years, subject the recipient’s continuing employment or other association with the company or any of its subsidiaries. The awards were approved by a majority of the company’s independent directors as material inducements to the hiring of the new employees, in accordance with New York Stock Exchange Rule 303A.08 and the company’s 2017 New Employee Inducement Incentive Plan.
About 8x8, Inc.
8x8, Inc. (NYSE:EGHT) is a leading provider of cloud phone, meeting, collaboration and contact center solutions with over a million business users worldwide. 8x8 helps enterprises engage at the speed of employee and customer expectations by putting the collective intelligence of the organization in the hands of every employee. For additional information, visit www.8x8.com, or connect with 8x8 on LinkedIn, Twitter and Facebook.