Ajay Kapur - Jul 1, 2024 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
Former CTO
Signature
Ajay Kapur /s/ Richard Diegnan, Attorney-in-Fact
Stock symbol
EGIO
Transactions as of
Jul 1, 2024
Transactions value $
-$53,370
Form type
4
Date filed
7/3/2024, 05:49 PM
Previous filing
Jun 3, 2024
Next filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Tax liability -$53.4K -4.96K -3.24% $10.76 148K Jul 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ajay Kapur is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 13,901 performance-based RSUs pursuant to the terms of the Severance and Release Agreement by and between the Reporting Person and the Issuer.
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.

Remarks:

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