Ajay Kapur - Dec 1, 2022 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
CTO
Signature
Ajay Kapur by: Richard Diegnan, Attorney-in-Fact
Stock symbol
EGIO
Transactions as of
Dec 1, 2022
Transactions value $
-$69,970
Form type
4
Date filed
12/5/2022, 07:17 PM
Previous filing
Sep 6, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Tax liability -$111K -74.6K -1.14% $1.49 6.46M Dec 1, 2022 Direct F1, F2
transaction EGIO Common Stock Award $81.7K +54.8K +0.85% $1.49 6.52M Dec 1, 2022 Direct F2, F3
transaction EGIO Common Stock Tax liability -$40.5K -27.2K -0.42% $1.49 6.49M Dec 1, 2022 Direct F2, 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 150,442 restricted stock units.
F2 This includes 4,665,168 unvested restricted stock units.
F3 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 represent the second of two installments of the grant component of the recognition and retention pool created by our compensation committee for fiscal 2021.
F4 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 54,800 shares.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated August 26, 2022.