Kathy Austin - Dec 30, 2022 Form 4 Insider Report for Edgio, Inc. (EGIO)

Signature
Kathy Austin by: Richard Diegnan, Attorney-In-Fact
Stock symbol
EGIO
Transactions as of
Dec 30, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 04:33 PM
Previous filing
Dec 5, 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 Award $0 +134K +66.08% $0.00 336K Dec 30, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received an aggregate of 133,800 restricted stock units. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and restricted stock unit agreements with the Company, one-third (1/3rd) of the RSUs will vest on the December 31, 2023, and the remaining two-thirds (2/3rds) will vest in equal annual installments on December 31, 2024, and December 31, 2025, provided recipient continues to be a Service Provider through each such vesting date.
F2 $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.
F3 This includes 258,023 unvested restricted stock units.

Remarks:

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