Walter Amaral - Jun 8, 2022 Form 4 Insider Report for Limelight Networks, Inc. (EGIO)

Role
Director
Signature
Walter Amaral by: /s/ Michael DiSanto, Attorney-in-Fact
Stock symbol
EGIO
Transactions as of
Jun 8, 2022
Transactions value $
-$31,492
Form type
4
Date filed
6/10/2022, 07:28 PM
Previous filing
Jun 4, 2021
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Tax liability -$31.5K -11.4K -3.64% $2.77 301K Jun 8, 2022 Direct F1
transaction EGIO Common Stock Award $0 +42.3K +14.06% $0.00 344K Jun 9, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The forfeiture reported in this row represents restricted stock units that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the automatic vesting of 45,474 restricted stock units.
F2 The Reporting Person received an aggregate of 42,347 restricted stock units, which, if eligible, shall become fully vested and exercisable on the day prior to the Issuer's 2023 annual shareholder meeting (but in no event later than December 31, 2023), subject to Reporting Person's continued services to the Issuer through such date. Each restricted stock unit represents a contingent right to receive one (1) share of the Issuer's Common Stock.
F3 $0.00 is used for technical reasons as there is no price for this security until it vests in the case of RSUs, or until it is exercised in the case of stock options.
F4 This includes 42,347 unvested restricted stock units.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 Reporting Obligations dated June 8, 2009.