Bob Lyons - 07 Feb 2022 Form 4 Insider Report for Limelight Networks, Inc. (EGIO)

Role
CEO, Director
Signature
Bob Lyons by: James R. Todd, Attorney-In-Fact
Issuer symbol
EGIO
Transactions as of
07 Feb 2022
Transactions value $
$0
Form type
4
Date filed
09 Feb 2022, 17:42
Previous filing
04 Aug 2021
Next filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGIO Common Stock Award $0 +640K +151.68% $0.00 1.06M 07 Feb 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 639,645 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 December 1, 2022, and one-twelfth (1/12th) of the RSUs will vest on the first day of each March, June, September, and December thereafter for eight (8) consecutive quarters, provided the 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 1,000,792 unvested restricted stock units.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated January 25, 2021.