Ajay Kapur - 15 Mar 2022 Form 4 Insider Report for Limelight Networks, Inc.

Role
CTO
Signature
Ajay Kapur by: James R. Todd, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Mar 2022
Net transactions value
+$37,807
Form type
4
Filing time
17 Mar 2022, 20:09:08 UTC
Previous filing
08 Feb 2022
Next filing
06 Sep 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 $64,054 +14,591 +0.21% $4.39 6,810,219 15 Mar 2022 Direct F1, F2
transaction EGIO Common Stock Tax liability $26,248 -5,979 -0.09% $4.39 6,804,240 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 5,418,102 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 September 14, 2021.