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

Role
Chief Financial Officer
Signature
Stephen Cumming /s/ 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, 04:38 PM
Previous filing
Aug 24, 2022
Next filing
Sep 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Award $0 +51.7K +13.71% $0.00 428K 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 51,650 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 428,411 unvested restricted stock units.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 Reporting Obligations dated August 24, 2022.