Eric Armstrong - 01 Dec 2022 Form 4 Insider Report for Edgio, Inc.

Role
SVP Growth
Signature
Eric Armstrong by: Richard Diegnan, Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
01 Dec 2022
Net transactions value
+$36,352
Form type
4
Filing time
05 Dec 2022, 19:22:05 UTC
Previous filing
17 Nov 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 $55,568 +37,294 +29% $1.49 167,553 01 Dec 2022 Direct F1, F2
transaction EGIO Common Stock Tax liability $19,217 -12,897 -7.7% $1.49 154,656 01 Dec 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 represent the second of two installments of the grant component of the recognition and retention pool created by our compensation committee for fiscal 2021.
F2 This includes 102,834 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 37,294 shares.

Remarks:

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