Daniel R. Boncel - Mar 15, 2022 Form 4 Insider Report for Limelight Networks, Inc. (EGIO)

Role
Chief Financial Officer
Signature
Daniel R. Boncel /s/ James R. Todd, Attorney-in-Fact
Stock symbol
EGIO
Transactions as of
Mar 15, 2022
Transactions value $
$42,403
Form type
4
Date filed
3/17/2022, 08:08 PM
Previous filing
Mar 3, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Award $64.1K +14.6K +4.05% $4.39 375K Mar 15, 2022 Direct F1, F2
transaction EGIO Common Stock Tax liability -$21.7K -4.93K -1.31% $4.39 370K Mar 15, 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 141,775 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 14,591 shares.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated October 8, 2013.