Bob Lyons - 28 Dec 2023 Form 4 Insider Report for Edgio, Inc. (EGIO)

Role
CEO, Director
Signature
Bob Lyons /s/ Richard Diegnan, Attorney-In-Fact
Issuer symbol
EGIO
Transactions as of
28 Dec 2023
Transactions value $
$51,225
Form type
4
Date filed
02 Jan 2024, 20:50
Previous filing
05 Dec 2023
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 $67.7K +193K +12.33% $0.35 1.76M 28 Dec 2023 Direct F1, F2
transaction EGIO Common Stock Tax liability -$16.5K -47.1K -2.67% $0.35 1.72M 28 Dec 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Amended and Restated 2007 Equity Incentive Plan these fully-vested shares represent one-third (1/3) of the time-based portion of Mr. Lyons long term incentive award for fiscal 2022.
F2 This includes 243,216 unvested restricted stock units.
F3 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 issuance of 193,467 shares.

Remarks:

Executed pursuant to the Limited Power of Attorney for Section 16 reporting obligations dated August 26, 2022.