Ajay Kapur - May 30, 2024 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
CTO
Signature
Ajay Kapur /s/ Richard Diegnan, Attorney-in-Fact
Stock symbol
EGIO
Transactions as of
May 30, 2024
Transactions value $
-$130,689
Form type
4
Date filed
6/3/2024, 07:01 PM
Previous filing
Apr 24, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Tax liability -$119K -13.2K -7.9% $8.96 154K May 30, 2024 Direct F1, F2, F3
transaction EGIO Common Stock Tax liability -$12.1K -1.3K -0.84% $9.31 153K May 31, 2024 Direct F2, F4, F5
* 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 shares that were withheld by the Company solely for the purpose of satisfying tax obligations arising upon the vesting of 38,269 performance-based RSUs after the achievement of certain financial and operational performance metrics.
F2 The shares shown have been adjusted to reflect the Issuer's reverse stock split of its outstanding shares of common stock on a 1-for-40 basis that occurred on March 1, 2024.
F3 This includes 45,120 unvested restricted stock units.
F4 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 3,762 restricted stock units.
F5 This includes 41,358 unvested restricted stock units

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated September 14, 2021.