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FORM 3 OMB APPROVAL
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OMB Number: 3235-014
EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN
HOURS PER RESPONSE ....... 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name AND Ticker or 6. If Amendment, Date
Stoll David Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) 8x8, Inc. - EGHT (Month/Day/Year)
(Last) (First) (Middle) August 17, 1999 ----------------------------------
2445 Mission College Blvd. ---------------------------- 5. Relationship of Reporting -----------------------
- ---------------------------------------- 3. IRS or Social Security Person(s) to Issuer 7. Individual or Joint/
(Street) Number of Reporting (Check all applicable) Group (Check
Santa Clara California 95054 Person (Voluntary) Director 10% Owner applicable line)
- -------------------------------------- ----- ----- X Form filed by
(City) (State) (Zip) ---------------------------- X Officer Other ----- One Reporting
----- (give ----- (specify Person
title below) below) Form filed by
Acting Chief Financial Officer ----- 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. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership (Instr. 5)
(Instr. 5)
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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 5(b)(v). SEC 1473 (7-96)
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security
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Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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Employee Stock Option (right to buy) (1) 11/5/2006 Common Stock 22,000 $2.82 D
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Employee Stock Option (right to buy) (2) 6/15/2008 Common Stock 12,000 $2.82 D
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Employee Stock Option (right to buy) (3) 10/19/2008 Common Stock 7,500 $2.44 D
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Employee Stock Option (right to buy) (4) 2/16/2009 Common Stock 2,000 $4.75 D
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Employee Stock Option (right to buy) (5) 4/9/2009 Common Stock 1,500 $4.50 D
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Employee Stock Option (right to buy) (6) 8/17/2009 Common Stock 10,000 $3.125 D
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TOTAL 55,000
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Explanation of Responses:
(1) 1/4 of the shares vest one year after November 18, 1996 and 1/36th of the remaining shares vest on the last
day of each fill month thereafter. The shares will not be exercisable from September 2, 1998 until
September 2, 1999.
(2) 1/48th of the shares vest on the last day of each full month after June 15, 1998 until all of the shares have
vested. The shares will not be exercisable from September 2, 1998 until September 2, 1999.
(3) 1/48th of the shares vest on the last day of each full month after October 19, 1998 until all of the shares have vested.
(4) 1/48th of the shares vest on the last day of each full month after February 16, 1999 until all of the shares have vested.
(5) 1/4th of the shares vest six months after April 9, 1999 and 1/18th of the remaining shares vest on the last day of each
month thereafter.
(6) 1/48th of the shares vest on the last day of each full month after August 17, 1999 until all of the shares have vested.
/s/ DAVID STOLL August 26, 1999
**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.
If space provided is insufficient, See Instruction 6 for procedure.
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.
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SEC 1473 (7-96)
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