Eric Armstrong - 15 Mar 2022 Form 4 Insider Report for Limelight Networks, Inc.

Role
SVP Growth
Signature
Eric Armstrong by: James R. Todd, Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
15 Mar 2022
Net transactions value
+$25,730
Form type
4
Filing time
17 Mar 2022, 20:01:15 UTC
Previous filing
04 Aug 2021
Next filing
17 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Award $43,593 +9,930 +7.2% $4.39 147,042 15 Mar 2022 Direct F1, F2
transaction EGIO Common Stock Tax liability $17,863 -4,069 -2.8% $4.39 142,973 15 Mar 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As more fully described in the Current Report on Form 8-K filed on March 17, 2022, the shares acquired from this fully-vested RSU represents the recognition grant component of the recognition and retention pool created by our compensation committee.
F2 This includes 137,112 unvested restricted stock units
F3 The forfeiture reported in this row represents shares that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the issuance of 9,930 shares.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated July 15, 2021.