Frank Verdecanna - Dec 11, 2023 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
Director
Signature
Frank Verdecanna /s/ Richard Diegnan, Attorney-In-Fact
Stock symbol
EGIO
Transactions as of
Dec 11, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 08:21 PM
Previous filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Award $0 +530K $0.00 530K Dec 11, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person received an aggregate of 530,304 RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan, one-half (1/2) of the RSUs will vest on December 11, 2024, and the remainder will vest on December 11, 2025, provided the Reporting Person continues to be a Service Provider through the 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 530,304 unvested restricted stock units.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated December 4, 2023.