8×8 grants new employee inducement awards

8×8, Inc. (NYSE:EGHT), a provider of cloud phone, meeting, collaboration and contact center solutions, has 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 company said.

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.

8×8, Inc. (NYSE:EGHT) is a provider of cloud phone, meeting, collaboration and contact center solutions with over a million business users worldwide. 8×8 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.8×8.com.