Eric Chang - 11 Nov 2022 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
Chief Accounting Officer
Signature
Eric Chang /s/ Richard Diegnan, Attorney-in-Fact
Issuer symbol
EGIO
Transactions as of
11 Nov 2022
Net transactions value
$0
Form type
4
Filing time
15 Nov 2022, 19:42:23 UTC
Previous filing
02 Nov 2022
Next filing
22 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EGIO Common Stock 58,628 11 Nov 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EGIO Non-qualified stock option (Right to Buy) Award $0 +216,154 $0.000000 216,154 11 Nov 2022 Common Stock 216,154 $1.29 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This includes 58,628 unvested restricted stock units.
F2 Reporting Person received an aggregate of 216,154 stock options. Subject to the provisions of the Amended and Restated 2007 Equity Incentive Plan and Reporting Person's employment and stock option agreements with the Company, one-fourth (1/4) of the Options will vest on November 11, 2023, and the remaining three-fourths (3/4) will vest on the 11th day of December and on the same day of each month thereafter until all of the stock options have vested, thirty-six (36) consecutive months, provided Executive continues to be a Service Provider through each such vesting date.
F3 $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.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 Reporting Obligations dated October 18, 2022.